Monrovia — The Liberia Bank for Development and Investment (LBDI) has distanced itself from publications claiming that the financial institution has disclosed a listing of debtors, some of whom are high-profile folks within the county.
The financial institution in a unencumber signed through its President famous that the listing is purported and does no longer constitute the view of the establishment.
LBDI in its observation expressed regrets, whilst some social media, radio
communicate presentations and different comparable platforms that thread on publishing stated knowledge of purported antisocial debtors, with out getting the truth from its control.
“LBDI hereby disclaims and disassociates itself from the SAID LIST and asks that the public DISREGARD AND REFRAIN from attributing THE LIST TO LBDI,” the discharge issued through LBDI on Thursday, December 15 said.
The financial institution’s observation comes a couple of days following a revelation made through its former President and CEO Deo Delaney, that there used to be a antisocial borrower who owed the financial institution.
Before stepping down, Delaney, showing on a neighborhood radio station ruffled a couple of feathers of his personal when he raised an alarm that some former officers on the financial institution have been indebted to the establishment.
Delaney named former Chief Executive Officers, Mr. Francis Dennis, Jr., and Mr. Elie Saleeby, the primary Executive Governor of the Central Bank of Liberia. FrontPageAfrica has additionally accrued that whilst the CBL and the federal government are open to naming and shaming borrowers to the LBDI, some high-profile names together with Emmanuel Shaw, an consultant to President George Manneh Weah, who is claimed to be amongst the ones owing the financial institution, might make it tough to recoup some of the finances owed. The past due John Gbedze may be stated to were indebted to the financial institution of greater than US$1 million on the time of his demise.
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Despite its former boss’s revelation, the LBDI launched famous that it respects the confidentiality requirement of a monetary establishment and shall at
all instances use suitable criminal therapies to be had beneath the regulations of the Republic of Liberia in pursuing defaulting debtors.
It furthered that the LBDI disapproved the dissemination of what it termed as a Fabricated listing of defaulters, including, that the Bank has at no time issued or brought about to be issued one of these listing.
The Bank has additional known as at the public and media establishments in addition to social media platforms to not accord the stated listing any relevance.
It wired that doing so, has no affiliation with the financial institution.
At the similar time, LBDI has confident the general public that the accounts and any account
knowledge of its shoppers stay confidential always, topic most effective to the
Central Bank of Liberia and different criminal necessities.
Meanwhile, the LBDI has issued a powerful thread of taking criminal motion in opposition to someone or media shops, that it stated will dare interact within the stated mischievous act of associating the financial institution’s title with stated e-newsletter.
Author: FrontPageAfrica
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