Liberia: Government Drops Charges against Crane Currency Paving Way for Printing of New Money - News Summed Up

Liberia: Government Drops Charges against Crane Currency Paving Way for Printing of New Money


MONROVIA – The Government of Liberia will no longer pursue criminal charges against Crane Currency and has, in fact, said the company was honest in its dealings with the Central Bank of Liberia (CBL), and acted within the laws governing the CBL. The Government of Liberia further accepts that Crane Currency acted in good faith throughout the execution of two (2) banknote printing orders of the Central Bank of Liberia in 2016 and 2017,” Cllr. Crane Currency did in fact deliver the correct number and value of banknotes, as set out in two (2) delivery contracts and subsequent documented agreements between Crane Currency and the Central Bank of Liberia. It is clearly documented that every banknote manufactured by Crane was delivered to and accepted by the Central Bank of Liberia and that Crane was paid the correct amount for the banknotes delivered,” the Justice Minister’s letter to Crane Currency stated. The Government of Liberia further accepts that Crane Currency acted in good faith throughout the execution of two (2) banknote printing orders of the Central Bank of Liberia in 2016 and 2017” – Cllr.


Source: Front Page Africa January 13, 2020 06:33 UTC



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