Monrovia – Senate Secretary Nanborlor Singbeh, one of the state witnesses in the ongoing trial of four former officials of the Central Bank of Liberia, 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. Singbeh, the third state witness in the trial, on June 9 said that 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. “The printing or authorization of the first 5 billion Liberian Dollars banknotes was made as far back as four years, from my recollection,” he said. On the question of 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. Following Singbeh’s testimony, the court adjourned the trial involving the former officials of CBL to Friday, June 10.

Source: Front Page Africa July 10, 2020 05:58 UTC