A Global Witness exposé uncovered more than US$950,000 in bribes and other suspicious payments by UK mining firm Sable Mining and its Liberian lawyer, Varney Sherman. The process of review, restatement and amendment of the PPCC Law has been protracted, it has particularly benefited from a wide-range of technical expertise and international best practices. The need to review the PPCC Act of 2005 was conceived in 2006 when the newly-elected government reviewed all contracts that had been entered into by the NTGL. Sherman, House Speaker Alex Tyler and several others including the London AIM-listed Sable Mining (SBLM.L) have since been indicted on charges including bribery. Harmonized bidding processes with concession granting and licensing procedures in the mining and other sector legislations (forestry, agriculture hydrocarbon.

Source: Front Page Africa August 01, 2016 00:00 UTC