Bankers join Liberian central bank board after Senate U-turn

The Central Bank of Liberia
The Central Bank of Liberia
Jefferson Krua / Wikimedia

Liberian lawmakers approved three men nominated by the country’s president, George Weah, to serve on the central bank board, having previously rejected them.

The decision follows President Weah’s recent dismissal of the central bank governor and a deputy governor, and his repeated charges that senior managers at the central bank have acted corruptly.

The move is the latest event to raise serious questions about the governance of Liberia’s central bank and its independence from the president.

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