Joint Resolution Approved Printing of L$5 Billion, Senate Secretary Tells Court

Joint Resolution Approved Printing of L$5 Billion, Senate Secretary Tells Court Featured

MONROVIA,LIBERIA-The Secretary of the Liberian Senate, Mr. J. NanborlorS. Singbeh, has testified that a joint resolution was passed by the Senate and the House of Representatives for the printing of the first L$5 billion.

It can be recalled that recently, state lawyers requested Criminal Court “C” Judge Yamie Quiqui Gbeisay to summon former House Speaker J. Alex Tyler, the Secretary of the Liberian Senate, J. Narborlor S. Singbeh and other former and current officials the government to testify in the case involving former Central Bank Governor Milton A. Weeks and three others.The case is titled: “Republic of Liberia by and thru the Ministry of Justice Versus Milton Weeks, Elsie Dossen Badio, David Farhai and KollieTamba”.

The application to summon these former and current government officials was filed by Prosecution’s lead Counsel Jerry D. Garlarwolo after the discharge of the second witness Amos T. Goba of the Financial Intelligence Unit (FIU).

In his ruling, Judge Gbeisay granted the prosecution’s request by summoning the witnesses to testify in the case.Accordingly, Singbeh, who is one of the state subpoena witnesses in the case,said the resolution from the House of Representatives was adopted under the code 001/2016, while the Senate resolution was also adopted under the code 002.

He pointed out that there are procedures under the Constitution-the organic of the country in which banknotes are authorized to be printed, which was followed by the Legislature.“The printing or authorization of the first 5 billion Liberian Dollars banknotes was made as far back as four years, from my recollection. A resolution was adopted by both Houses, authorizing the printing of the banknotes in the first 5 billion Liberian Dollars banknotes and was made as far back as four years from my recollection," he told the court.

For the second request made by the CBL ex-officials to print additional money, he informed the court that there are standing committees in the Senate clothed with the authority to deal with matter of substance pertaining to the oversight responsibility of their committees and that records are not taken during discussion of matters in Executive session.During the cross examination, one of defense counsels asked him whether there was any joint resolution by the House and Senate in respect to the replacement of the Liberian Dollars legacy bank notes, he said no.

“To my knowledge, there was no resolution due to the fact that all resolutions, when signed by members of the Senate obtaining the number required by the Constitution,” he stated.Quizzed by the Defense Counsel as to whether he appeared before the Special President Investigative Team set to probe the alleged missing L$16 billion,Singbeh replied in the negative.


It can be recalled that the former CBL boss was indicted on June 8, 2020 along with other ex-officials of the CBL for the alleged commission of the crimes of Economic Sabotage, Fraud on the Internal Revenue, Misuse of Public Money, Property or Records, Theft/Illegal Disbursement of Public Money, Criminal Conspiracy, Theft of Property and Criminal Facilitation.

The indictment was issued on the former CBL Governor immediately after State prosecutors had dropped charges against him in the second indictment, making the current indictment the third. 
He was first arrested, charged, and taken to court in connection with the alleged printing surplus Liberian currency.

Read 389 times Last modified on Wednesday, 15 July 2020 07:21
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