{"id":34845,"date":"2023-04-17T11:24:46","date_gmt":"2023-04-17T11:24:46","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal"},"modified":"2023-04-17T12:11:27","modified_gmt":"2023-04-17T12:11:27","slug":"cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal","title":{"rendered":"CBL Rejects Smart News Report of Governor Covering Up \u20ac2M Scandal"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>The Central Bank of Liberia (CBL) categorically refutes a Smart News website story, published April 10, 2023, reporting that Executive Governor, J. Aloysius Tarlue, Jr. is \u201clinked to cover-up in 2 million Euros Banking Scandal.\u201d<\/p>\n

The CBL considers the report as misleading and an effort that circumvented the facts by also claiming that \u201cExecutive Governor Tarlue refused to acknowledge receipt of complaint nor took action against the local bank and may have deliberately misinformed investigators\u201d in an alleged \u20ac2 Million Euros bank transaction.<\/p>\n

The CBL clarifies that on April 27, 2021, it received a communication from former Solicitor General (SG), Cllr. Sayma Syrenius Cephas, requesting Executive Governor Tarlue to provide information regarding an alleged bank transaction between Candy Group International and Hamak Mining Company. The transaction purportedly occurred between Citi Bank, UK and the Guaranty Trust Bank Liberia Limited (GTBLL).<\/p>\n

In his response to the former SG\u2019s letter, Executive Governor Tarlue clarified that the CBL had no corresponding banking relationship with Citibank, UK, which means that Citibank, UK, cannot transact or do business directly with the CBL. The response further stated that the Bank did not have records of any transaction between Candy Group International and Hamak Mining Company. The website instead reported that the Bank denied the funds being wired to Liberia. It is important for Smart News to know that the CBL does not keep or have records of transactions between private companies or individuals and their commercial banks, whether local or international.<\/p>\n

Despite the facts provided in CBL\u2019s response to the former SG regarding the alleged transaction, Smart News opted to report a misleading story without a full appreciation of CBL\u2019s operations.<\/p>\n

Contrary to the website report, the Executive Governor did not receive communication from any lawyers said to have represented the Candy Group International, neither did the Bank receive findings of any investigations upon which it failed to act.<\/p>\n

The CBL once again assures the Liberian people of its unflinching commitment to building a strong and credible financial system. The Bank encourages Smart News to make the efforts to properly investigate the operations of the banking system to avoid such misleading reporting intended to bring the CBL into public disrepute.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. The Central Bank of Liberia (CBL) categorically refutes a Smart News website story, published April 10, 2023, reporting that Executive Governor, J. Aloysius Tarlue, Jr. is \u201clinked to cover-up in 2 million Euros Banking Scandal.\u201d The CBL considers the report as misleading and an effort that circumvented the facts by also claiming […]<\/p>\n","protected":false},"author":84,"featured_media":34844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,237,234],"class_list":["post-34845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nCBL Rejects Smart News Report of Governor Covering Up \u20ac2M Scandal - Liberia<\/title>\n<meta name=\"description\" content=\"The Central Bank of Liberia (CBL) categorically refutes a Smart News website story, published April 10, 2023, reporting ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBL Rejects Smart News Report of Governor Covering Up \u20ac2M Scandal\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Liberia (CBL) categorically refutes a Smart News website story, published April 10, 2023, reporting ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-17T11:24:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-17T12:11:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/04\/postQueueImg_1681714529.27.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"624\" \/>\n\t<meta property=\"og:image:height\" content=\"382\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CBL Rejects Smart News Report of Governor Covering Up \u20ac2M Scandal\",\"datePublished\":\"2023-04-17T11:24:46+00:00\",\"dateModified\":\"2023-04-17T12:11:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal\"},\"wordCount\":384,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/04\/postQueueImg_1681714529.27.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/cbl-rejects-smart-news-report-of-governor-covering-up-e2m-scandal\",\"name\":\"CBL Rejects Smart News Report of Governor Covering Up \u20ac2M Scandal - 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