29/11/2023
From The Desk of the Former Auditor General John S. Morlu. We are launching a decisive campaign against corruption, and Joe Boakai has unequivocally pledged to reclaim misappropriated funds. Liberian officials have brazenly devised various deceptive schemes, ostensibly in support of the impoverished or private sector, only to channel funds into political favors. These so-called loan initiatives, purportedly aimed at fostering business and job creation, have instead become vehicles for patronage, leaving the hardworking citizens without employment opportunities. This blatant misuse of Liberian taxpayers' money is not only unjust but reprehensible.
Consequently, we are initiating a rigorous asset recovery process, demanding a full account and prompt repayment of outstanding loans, complete with compounding interest. These loans, falsely taken under the guise of fostering business ventures, have hindered the growth of a dynamic private sector that is essential for job creation. It is imperative to rectify this longstanding issue, as genuine Liberians aspiring to establish businesses are neglected while political cronies thrive on ill-gotten gains.
We assertively call upon all those who have taken advantage of these loan schemes and have yet to fulfill their obligations to rectify this by 3 PM on January 22, 2024. Joe Boakai and his dedicated team require every available resource to address Liberia's myriad financial challenges. The funds recuperated from these deceitful loan schemes will be channeled towards crucial priorities, such as providing desks for school children and deploying ambulances across the nation.
Among the identified fraudulent loan schemes are:
1. Weah’s Small Business Pro-Poor Development Fund (SBPDF).
2. James Kollie managed Finance Ministry’s Private Sector Development Initiative (PSDI).
3. Robert L. Johnson's $30 Million Direct Investments in Liberia.
4. Mills Jones’s poverty doctor $5 million loans scheme managed by Foreign Minister