Liberia News: WEAH’S REPORT WAS BASED ON CONSOLIDATED CASH


Monrovia-March-8-TNR
:Former Finance Minister, Samuel D. Tweah has strongly defended his boss, former President George M. Weah on the latest report released by the General Auditing Commission (GAC) on Liberia’s Consolidated Account left behind by the Coalition for Democratic Change (CDC) Government.

Reacting to the latest GAC report released Wednesday in Monrovia, the former Finance Minister disclosed that the special GAC audit report shows cash balance as at January 17, 2024 at more than US$46 million. He said former President Weah spoke about actual cash balance being US$41 million.

Tweah in a statement posted on social media noted that on January 21 or thereabouts, former President Weah told Liberians that the total cash balance in the consolidated account was around US$41 million adding, “This report was based on consolidated cash report prepared by the Comptroller and Accounting General at the MFDP and the information was placed in the speech of the former president.

An audit conducted by the General Auditing Commission (GAC) to reconcile the net account balances of the government’s consolidated accounts as of January 17 and 19, 2024, revealed discrepancies in the figures claimed by former President George Weah. Despite his assertion that he left US$40,044,305.90, the audit found that he actually left US$3,378,848.89 and US$6,918,142.97 on January 17 and 19, 2024, respectively.

This prompted the Joint Committees of the Liberian Senate comprising Public Accounts Audits and Expenditure Committee (PAC) and Banking and Currency Committee to request the Auditor General to perform a Special Reconciliation Audit on the net account balances of the Consolidated Fund Accounts as at January 17 and 19, 2024.

According to the GAC report, in addition to the huge discrepancies in the amounts mentioned by both the former and current Presidents as balances in the consolidated accounts, the audit also discovered liabilities amounting to US$16,526,121.90 and US$16,526,842.58 on the same dates, indicating a net commitment left by the former administration for President Boakai to finance. These amounts were to be settled within 90-day period as at the end of the Budget Year 2023.

But in his reaction, former Minister Tweah said there have been attempts to controvert this figure for political purposes describing same as truly sad situation. Tweah pointed out that President Boakai was made to say that US$20 million was left in the consolidated account. “The attempt to deny springs from the fact that the UP left a far smaller amount of US$7 million for the CDC in 2018. Since CDC number was bigger than UP’s number, someone was not happy. This is how low and cheap Liberian politics has become,” the former Finance Minister noted.

Tweah went on, “Even when the facts are glaring, politics will take over. So the GAC was asked to look into the matter. And the GAC has said more than US$41 million was in the account on the day in question. So former President Weah said the truth.”

“Did the GAC confirm US$46 million cash available on that day? YES! Did former President Weah say US$41 million cash was available on that day? YES. Did former President Weah say anything about Government obligations?  NO. Should former president Weah have reported ‘reconciled numbers? Hell no. Cash balances on a daily basis are in real time. Reconciliation comes after so many things that may or may not happen over time.  Reconciliation is done at the end of an accounting period. The political tradition since 2018 is you say how much you are leaving in cash and in reserve,” the CDC strongman added.

According to the former Finance Minister, government obligations are not the debate here. He said in 2018 the Unity Party (UP) left US$7 million when Government obligations were more than US$40 million. “So UP left (US$33 million) or negative US$33 million? Well, if you apply the same accounting to CDC, CDC still wins with a positive balance. So where are we going with this debate?” Tweah wondered.

Tweah further argued, “Let’s concede the simple facts and be honest for once. We have bigger things to talk about than check balances on a particular day. If you went to an ATM machine to print out your bank statement for a particular day, you will have it. The number you see is the amount in the bank. Whether you pay your rent tomorrow or next week is a different matter. The number former President Weah read was the amount in the bank: He was factually correct.”

Tweah lauded the GAC for making this very simple and clear adding, “Debate closes. Lesson, let the fact be the fact for once in Liberian politics.”

75 Comments
  1. Ringworm says

    Very good article! We are linking to this great article on our
    website. Keep up the great writing.

    my webpage – Ringworm

  2. Prediksi Jitu says

    Normally I do not learn post on blogs, however I wish to say that this write-up very forced me
    to try and do so! Your writing taste has been amazed me. Thank
    you, quite nice article.

  3. sabah says

    https://obico.ir/ اوبیکو

  4. https://smartcyber.site/ says

    Spot on with this write-up, I honestly feel this website needs far more attention. I’ll probably be returning to read more, thanks for the information!

  5. I am really loving the theme/design of your blog. Do you
    ever run into any internet browser compatibility problems?
    A handful of my blog visitors have complained about
    my blog not operating correctly in Explorer but looks great in Firefox.
    Do you have any tips to help fix this issue?

  6. https://chateaulangeais.com says

    I will immediately take hold of your rss feed as I can’t in finding your e-mail subscription link or newsletter service.
    Do you’ve any? Kindly allow me recognise so that I may just subscribe.
    Thanks.

  7. I like the helpful information you provide in your articles.
    I will bookmark your blog and check again here regularly. I am quite
    certain I will learn lots of new stuff right here!
    Good luck for the next!

  8. Hey there! I know this is kinda off topic but I was wondering
    which blog platform are you using for this site? I’m getting sick and tired of WordPress because I’ve had
    issues with hackers and I’m looking at options for another platform.
    I would be fantastic if you could point me in the direction of
    a good platform.

  9. https://pacrimestats.info says

    Attractive portion of content. I just stumbled upon your weblog and in accession capital to assert that I acquire
    actually loved account your weblog posts. Any way I will be subscribing
    in your feeds or even I success you get admission to constantly rapidly.

  10. If some one wishes to be updated with most up-to-date technologies
    afterward he must be pay a quick visit this website and be up to date daily.

  11. Syair Sdy says

    Thanks designed for sharing such a good opinion, post is pleasant, thats
    why i have read it entirely

  12. It’s wonderful that you are getting thoughts from
    this paragraph as well as from our dialogue made here.

  13. สล็อต says

    Do you have any video of that? I’d love to find out some
    additional information.

  14. https://techjubilee.site/ says

    Thank you for sharing your thoughts. I really appreciate your efforts and I will be waiting for your further write ups thanks once again.

  15. %https://www.onlineholdem-api.com/team-1%

    That is very fascinating, You are an overly professional blogger.

    I have joined your rss feed and sit up for in quest of extra of your fantastic post.
    Also, I have shared your website in my social networks

  16. Pro Players Keto Ingredients says

    Introduction: In recent years, the ketogenic diet has gained popularity not only among health-conscious individuals but also within the realm of professional sports.

    My site … Pro Players Keto Ingredients

  17. Everyone loves what you guys are up too. This sort of clever
    work and exposure! Keep up the terrific works guys I’ve you
    guys to my own blogroll.

  18. https://onlineeon.site/ says

    This article is in fact a good one it helps new the web users, who
    are wishing in favor of blogging.

  19. artis777 says

    Right now it sounds like Movable Type is the top blogging
    platform out there right now. (from what I’ve read) Is that what you are using on your blog?

  20. Recommended by experts says

    Hi! Ӏ noԝ this is kinda off topic but I was wondering
    іf you knew where I coսld locate a captcha plugin fоr my commеnt form?
    I’m usіng the saame blog platform аs yоurs ɑnd I’m havіng problems finding one?
    Ƭhanks a l᧐t!

    My site Recommended by experts

  21. 강남달리는토끼 says

    What’s Taking place i’m new to this, I stumbled upon this I’ve discovered It absolutely
    helpful and it has helped me out loads. I hope to contribute & help different customers like its helped me.

    Good job.

  22. Hmm it appears like your website ate my first comment (it was extremely long) so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying
    your blog. I too am an aspiring blog writer but I’m still new to the whole thing.
    Do you have any suggestions for first-time blog writers?
    I’d definitely appreciate it.

  23. https://onlineeon.site/ says

    Hello there, You’ve done an excellent job.
    I will certainly digg it and personally recommend to my friends.
    I am confident they will be benefited from this website.

  24. kontol secepat pepek says

    A person essentially help to make critically posts
    I might state. This is the very first time I frequented your website page and up to now?
    I amazed with the analysis you made to create this actual submit incredible.

    Great activity!

  25. c70654734355867759311 says

    I love your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for
    you? Plz answer back as I’m looking to create my own blog
    and would like to find out where u got this from. many thanks

  26. Prediksi Macau 11 Maret 2024 says

    I visited many sites except the audio feature for audio songs current at this web site is actually excellent.

  27. https://webaspire.site/ says

    Hello! Do you know if they make any plugins to protect against hackers?
    I’m kinda paranoid about losing everything I’ve worked hard on. Any
    recommendations?

  28. Hi there, I enjoy reading through your article. I like to
    write a little comment to support you.

  29. خرید یو پی اس says

    خرید یو پی اس

  30. web page says

    each time i used to read smaller posts that also clear their motive, and that is also happening with this
    post which I am reading here.

  31. sarang777 says

    Hey! I know this is kind of off topic but I was wondering if
    you knew where I could find a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having difficulty finding one?
    Thanks a lot!

  32. Incredible points. Sound arguments. Keep up the amazing work.

  33. https://jubileebeyond.site/ says

    Hi, Neat post. There is a problem along with your site in web explorer, could test this?
    IE nonetheless is the market leader and a huge section of other folks will
    leave out your wonderful writing because of this problem.

  34. Human says

    Greetings, I do think your blog might be having browser compatibility problems.
    When I look at your website in Safari, it looks fine but when opening in IE, it has some overlapping issues.
    I simply wanted to provide you with a quick heads up!

    Besides that, excellent blog!

  35. The best site about business says

    Systematic approach: optimization of power, business and relationships
    The best site about business

  36. https://backlink.co.in says

    We stumbled over here coming from a different website and thought I might as well check things
    out. I like what I see so now i’m following you.
    Look forward to going over your web page repeatedly.

  37. Prediksi Sdy 11 Maret 2024 says

    I was recommended this blog by my cousin. I am not
    sure whether this post is written by him as nobody else know such detailed about
    my problem. You’re incredible! Thanks!

  38. praca usa oferty says

    Thanks inn support of sharing such a pleasant thinking,
    paragraph iss nice, thats wwhy i have read itt entirely

    my web page: praca usa oferty

  39. Data Sdy says

    It’s fantastic that you are getting thoughts from this article as well
    as from our dialogue made at this time.

  40. گنج یاب says

    طلایاب

  41. Syair Macau says

    Do you have a spam issue on this website; I also am a blogger, and
    I was wondering your situation; many of us
    have developed some nice practices and we are looking to swap strategies with others, why not shoot me an email if interested.

  42. Greetings I am so happy I found your web site, I really found you by error, while I was researching on Askjeeve for something
    else, Nonetheless I am here now and would just like to say thanks for a marvelous post and a all round thrilling blog (I also love the theme/design),
    I don’t have time to read it all at the moment but I have
    bookmarked it and also added your RSS feeds, so when I have time
    I will be back to read more, Please do keep up the awesome work.

    my webpage: เกร็ดความรู้

  43. https://juliomedina.com says

    Hi to every body, it’s my first pay a quick visit of this web site; this webpage includes remarkable and actually excellent material in support of readers.

  44. c6708118554400652801 says

    It is truly a great and useful piece of information. I’m happy
    that you just shared this useful info with us.
    Please keep us informed like this. Thanks for sharing.

  45. Get More Info says

    Thanks a lot for sharing this with all people you actually understand
    what you’re speaking about! Bookmarked. Please also consult with my website =).
    We can have a hyperlink trade contract among us

  46. máy nén trục vít says

    Hi there just wanted to give you a brief heads up and let
    you know a few of the images aren’t loading properly.
    I’m not sure why but I think its a linking issue.
    I’ve tried it in two different internet browsers and both show the same results.

  47. lose weight says

    I have read so many articles or reviews concerning the blogger lovers however this article is actually a good piece of writing, keep it up.

  48. máy rửa xe áp lực cao says

    With havin so much content do you ever run into any problems of
    plagorism or copyright violation? My blog has a lot of completely unique content I’ve either
    created myself or outsourced but it appears a
    lot of it is popping it up all over the web without my permission. Do you know
    any methods to help protect against content from being ripped off?
    I’d truly appreciate it.

  49. coba777 says

    This is really interesting, You’re a very skilled blogger.
    I have joined your feed and look forward to seeking more of your great post.

    Also, I have shared your web site in my social networks!

  50. duplicate finder says

    Why people still make use of to read news papers when in this technological globe everything is existing on net?

  51. https://loginsu.com says

    Its like you learn my thoughts! You appear to know a lot about this, like
    you wrote the book in it or something. I feel that you simply can do with a few percent to drive the message house a bit,
    however instead of that, that is excellent blog.
    An excellent read. I’ll certainly be back.

  52. rewted.org says

    I visited many blogs except the audio quality for audio songs existing at this website is truly
    wonderful.

  53. máy hút bụi ô tô says

    Thank you for the auspicious writeup. It in fact was a amusement
    account it. Look advanced to far added agreeable from you!

    By the way, how could we communicate?

  54. Hello very cool website!! Man .. Excellent .. Wonderful ..
    I will bookmark your website and take the feeds also?

    I’m happy to find numerous useful information here within the post,
    we need develop more techniques in this regard, thank you for sharing.
    . . . . .

  55. Awesome post.

  56. Prediksi Togel says

    Amazing blog! Is your theme custom made or did you download it from
    somewhere? A design like yours with a few simple adjustements would really make my blog shine.
    Please let me know where you got your theme.

    With thanks

  57. پرفکت بت says

    Wow, this paragraph is fastidious, my sister is analyzing such things,
    so I am going to convey her.

  58. digital marketing and design says

    What are some effective strategies for leveraging user-generated content in web promotion? A/B testing
    email subject lines can improve open rates.

  59. رنگ مو says

    Hellօ, Neat post. Tһere’s аn issue with your web site іn web explorer, ԝould check this?
    IΕ nonetheless is thee market chief and a ցood portion of ߋther people ᴡill pazss oѵer your excellent writing ⅾue to this probⅼem.

    My web site رنگ مو

  60. https://copizi.com says

    You should take part in a contest for one of the finest websites online.
    I will highly recommend this website!

  61. 토토뮤지엄 says

    Amazing things here. I am very happy to peer your
    post. Thank you so much and I am taking a look forward
    to contact you. Will you please drop me a mail?

    Feel free to visit my web page; 토토뮤지엄

  62. máy ra vào lốp giá rẻ says

    you’re really a just right webmaster. The web site loading speed is incredible.

    It sort of feels that you are doing any unique trick. Furthermore,
    The contents are masterpiece. you’ve done a magnificent task in this matter!

  63. Live Draw Sgp says

    I’m impressed, I have to admit. Seldom do I come across a blog that’s both equally educative and engaging,
    and without a doubt, you’ve hit the nail on the head.

    The problem is something that not enough men and women are speaking intelligently
    about. I’m very happy I came across this in my hunt for something relating to this.

  64. You really make it seem so easy with your presentation but I
    find this matter to be really something which I
    think I would never understand. It seems too complicated and extremely
    broad for me. I am looking forward for your next post, I’ll try to get the hang of it!

  65. slot terbaik says

    Thanks for the auspicious writeup. It actually was a enjoyment account it.
    Glance complex to far added agreeable from you! However, how can we keep up a correspondence?

  66. visaform.org says

    Hey there! Quick question that’s entirely off topic. Do you know how to
    make your site mobile friendly? My website looks weird
    when browsing from my iphone4. I’m trying to find a theme or plugin that might be able to correct this issue.
    If you have any recommendations, please share. Thank you!

  67. Corla188 Slot says

    Saat mengeksplorasi dunia slot online, saya bertemu dengan Corla188 sebagai salah satu destinasi yang sangat menarik.
    Yang menjadikan Corla188 unik tidak hanya keanekaragaman permainannya,
    tapi juga dedikasinya terhadap kenyamanan dan keamanan pemain. Dari
    pengalaman pribadi, aspek yang paling saya hargai adalah layanan pelanggan yang
    responsif dan sangat membantu, memastikan bahwa setiap masalah
    atau pertanyaan yang saya miliki ditangani dengan cepat dan efisien.

  68. Best Criminal Attorneys says

    In Las Vegas, keywords like “DUI Lawyer” and Latent
    Semantic Indexing keywords such as “Best DUI Attorney” or “Expert DUI defense attorneys” are crucial for legal firms specializing in DUI cases.
    This is especially true in a city known for its lively nightlife, like Las Vegas.

    Residents in neighborhoods like Amber Hills and Arts District require skilled legal representation in such matters.

    Clark McCourt Criminal Lawyers, located in Las Vegas,
    NV, provides this expertise. Founded in 1905, Las Vegas
    is a city with a storied past. It features a population of 646,790 (as of 2021) and houses
    240,462 households. The Las Vegas Beltway, a significant highway, connects the city, improving its
    connectivity.

    In Las Vegas, lawyer charges for DUI cases can differ, based on the nature of
    the case. The city experiences extreme temperature variations, with
    scorching summers and chilly winters.

    Visitors and residents alike enjoy points of interest such as AREA15 and the Bellagio Fountain. AREA15,
    for instance, is a distinctive experience offering engaging experiences, while the Bellagio Fountain is famous for its stunning water shows.

    Choosing Clark McCourt Criminal Lawyers is a prudent decision for anyone in Las Vegas dealing
    with DUI charges. Their experience in handling such cases, combined with their
    familiarity of the local legal landscape, makes them a perfect
    selection for individuals of this bustling city.

  69. sarang777 says

    When some one searches for his essential
    thing, therefore he/she needs to be available that in detail, therefore that thing is maintained over here.

  70. Corla188 Slot says

    Ketika mengeksplorasi arena slot online, saya menemukan Corla188 sebagai sebuah
    destinasi yang sangat menarik. Apa yang membuat Corla188 unik
    bukan hanya variasi permainannya yang luas, melainkan dedikasinya terhadap keamanan dan kenyamanan pemain. Melalui pengalaman pribadi, aspek yang paling saya hargai adalah layanan pelanggan mereka yang
    responsif dan membantu, menjamin bahwa setiap masalah atau pertanyaan yang saya miliki ditangani dengan cepat dan efisien.

  71. sarang777 says

    Yesterday, while I was at work, my sister stole my
    apple ipad and tested to see if it can survive a 40 foot
    drop, just so she can be a youtube sensation. My iPad is now broken and she has 83 views.
    I know this is completely off topic but I had to share it
    with someone!

  72. sarang777 says

    magnificent put up, very informative. I’m wondering why the opposite experts of this sector do not
    notice this. You must proceed your writing. I am sure, you have
    a huge readers’ base already!

  73. ceria777 says

    I am genuinely grateful to the owner of this web page who has shared this impressive
    article at at this place.

  74. goblok says

    I used to be able to find good info from your blog posts.

Comments are closed.