International effort is underway to trace and retrieve over US$300 million stolen from the Liberian Government by former Finance Ministry officials and deposited into banks in Lebanon. The amounts were reportedly issued in separate handwritten checks, ranging from US$98,000.00 to over US$10million. The Liberia Anti-Corruption Commission (LACC) is said to be aware of the scandal which Linked three top ranking officials of the Ministry of Finance & Development Planning. It is suspected that these officials were aided by some Lebanese Businessmen in the illegal payment and transferred of the amounts into personal accounts in Beirut, Lebanon. Documents in possession of this News outlet suggest that the former Finance Ministry officials duped the Liberian Government of millions badly needed for economic recovery.

Source: GNN Liberia January 02, 2018 17:15 UTC