CBL Terminates 24 Contractors, Suspends 9 Personnel

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The Central Bank of Liberia (CBL) has announced that it has terminated the services of 24 contractors assigned in its bulk cash counting room.

A CBL press release said the management has also suspended for time indefinite, nine personnel of the bank, pending investigation into breach of procedures in the processing of mutilated Liberian dollar banknotes.

The terminations and suspensions are effective as of October 25, according to the release.

The CBL will make no further comment on the terminations and suspensions until its ongoing investigation is completed, the release said.

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