Liberia: Trace, Retrieve U.S.$4.6 Billion Stolen From Liberia

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The Better Future Foundation, BFF, in collaboration with Partners for Democracy and Good Governance (PdG) has formally petitioned the Government of Liberia, through President Joseph Nyuma Boakai to pursue accountability and recovery of Liberia's stolen wealth, amounting to US$4.6 billion.

The Better Future Foundation, BFF, in collaboration with Partners for Democracy and Good Governance has formally petitioned the Government of Liberia, through President Joseph Nyuma Boakai to pursue accountability and recovery of Liberia's stolen wealth, amounting to US$4.6 billion.

BFF and PdG, in the petition, named the constitution of what was previously named as 'Assets Investigation, Restitution, and Recovery Team, AIRRET,' in 2019. However, BFF and its CSO partners told President Boakai that they are fully aware of a letter of resignation by the then Head of the AIRRET Team, Cllr.

The AIRRET, at the time, also told the Liberian Nation that the legal action was filed against The Albatross Limited because its Articles of Incorporation having been duly"revoked and dissolved in 2009, all powers conferred upon it by law became inoperative, save only those powers specifically provided for by law to effect an orderly winding up of the business affairs, among others.

 

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