The unusual flow of new Liberian banknotes, the lawmakers said is happening at a time when there is speculation about the illegal printing of additional money awaiting legislative approval for infusion into the market. Controversies over the alleged introduction of new banknotes on the Liberian market is overshadowing the ongoing special sessions of the House of Representatives. The latest debate is the infusion of additional new pieces of L$500 banknotes at commercial banks that is allegedly being served to only lawmakers, something the lawmakers said is unusual and needs investigation. Contrary, to said scarcity of Liberian dollars banknotes, we have observed over the last two days that commercial banks have begun new banknotes to depositors,” the lawmakers wrote their colleagues. Addressing journalist at after session, Rep. Younquoi maintained that the CBL authorities should appear to clear the doubts of the lawmakers and Liberians.

Source: Front Page Africa December 13, 2019 00:33 UTC