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Liberia: General Auditing Commission Audit Finds Irregularities in Pro-Poor Loan Scheme - Vimarsana News

Liberia: General Auditing Commission Audit Finds Irregularities in Pro-Poor Loan Scheme

Liberia: General Auditing Commission Audit Finds Irregularities in Pro-Poor Loan Scheme Liberia: General Auditing Commission Audit Finds Irregularities in Pro-Poor Loan Scheme Share The GAC observed that the loans were disbursed to beneficiaries in Liberian Dollars instead of the United States dollars which is the currency the Government placed with Liberian Bank Development and Investment (LBDI) for purpose of the loan. The GAC says the disbursements of the loan in United States Dollars would enable the beneficiaries to avoid added costs associated with the purchase of United States dollars ...