MONROVIA, January 3 -- The Central Bank of Liberia (CBL) issued a three-sentence-long press release last week disclosing that it is currently investigating one of its employees, Mr. Chris Eugene Taylor, for the alleged fraudulent transfer of over US$147,000 from the government account at the CBL.

The release said the transfer was allegedly “made into the account of the Monrovia Transit Authority (MTA) and subsequently withdrawn.”

The release indicated that Mr. Taylor served as a Banking Analyst at the Central Bank of Liberia. The alleged syndicate also involves some senior officials of the Monrovia Transit Authority (MTA), including its Comptroller, Mr. N. Dortu Nimely, and Chief Accountant, Mr. G. Eric Vaye.

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