Monrovia, Liberia – Former Auditor General John Morlu, a dedicated supporter of the ruling Unity Party, has urged Senior Economic Advisor Morley Kamara to President Joseph Boakai to address allegations surrounding his involvement in the collapse of SIB Liberia Limited. Reports suggest that Kamara may have taken US$895,000 from the bank before its downfall.
Morlu emphasized the importance of transparency, stating that Kamara’s continued silence on the matter is troubling and calls into question his integrity. “It’s time he tells the truth,” Morlu asserted in his statement, highlighting Kamara’s significant land and property holdings in Liberia and his initial opposition to an $8 million bailout, which he later reversed.
This shift in position has raised concerns about a potential conflict of interest, with Morlu questioning, “Is he bailing out himself? Some at the IMF are wondering.”
The former auditor noted that while his comments may attract criticism, he believes it is essential to voice concerns, especially with influential allies in Washington, D.C., and Brussels. Morlu stated, “If we’re ignored in Liberia, we’ll take the fight abroad, just as we did with Weah.”
In light of the current situation, the Boakai administration has agreed to allow the IMF to bring in top financial lawyers from Washington, D.C., to review the Central Bank of Liberia’s guarantees and address the financial turmoil. Morlu expressed his determination to combat corruption, stating, “We aren’t just talking—we’re actively fighting on all fronts to save Liberia from the corrupt practices of both the old and new administrations.”
Morlu’s concerns stem from the questionable manner in which the Central Bank of Liberia was pressured to bail out SIB Bank, raising further doubts about the integrity of the financial decisions being made under the current administration. As the situation unfolds, the call for accountability and transparency continues to resonate among supporters of the Unity Party and the wider Liberian public.