BREAKING NEWS UPDATE: Two banks confirm freezing accounts

By New Republic Liberia

MONROVIA_Two banks in Liberia have confirmed the freezing of Bill Tweahey, Sarenus CEPHUS and Nathaniel McGill”s accounts.

Multiple sources at the United BANK for Africa (UBA) and SIB(formerly GN BANK)  told New Republic Newspaper that they received an official communication from the Financial Intelligence Unit (FIU) early Thursday to freeze the accounts of the three officials of government who were this week placed under Sanction by the United States Department of Treasury for corruption.

Bill is the Managing director of the country’s largest sea Port_ Free Port of Monrovia_NPA, McGill is the Minister of State for presidential Affairs and CEPHUS is  government’s Chief prosecutor.

The banks refused to state their account details. ,”It is confidential. We can’t disclose the account details”, a source at SIB said.

Another source at UBA said: “the accounts of these people were frozen today. We received instructions from FIU and we are under obligation to honor it.”

It is not known how long their accounts will be locked.

Following the Sanction, president George Weah Suspended them.

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Alphonso Toweh

Has been in the profession for over twenty years. He has worked for many international media outlets  including: West Africa Magazine, Africa Week Magazine, African Observer and  did occasional reporting for CNN, BBC World Service, Sunday Times, NPR, Radio Deutchewells, Radio Netherlands. He is the current correspondent for Reuters 
 He holds first  MA with honors in International  Relations and a  candidate for second master in International Peace studies and Conflict  Resolution from the University of Liberia. 

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