Liberian President Appoints Man Facing $2.5 Million Corruption Charges to Liberia
Already struggling to explain the rationale the appointment of her son, Robert Sirleaf to the oil company, the African Standard has exclusively gathered that the disgraced former Chairman of the opposition Liberty Party, Israel Akinsanya has been secretly appointed as Vice Chairman for Corporate Social Responsibility at the National Oil Company of Liberia.
Mr. Akinsanya is currently undergoing criminal prosecution for an estimated US$2.5 million fraudulent transaction with GSM giant - MTN/Lonestar Communication Corporation.
He was arrested twice, jailed and charged for allegedly issuing bad checks, totaling US$2,528,072.00 to the Lone Star Communication Corporation in business transaction.
The new NOCAL Chief, while serving as CEO for a local company, mismanaged the firms to the extent that its financial position was depleted.
To settle its huge liabilities, Akinsanya allegedly issued the checks in more than 10 months for scratch cards he took on behalf of his SIR Marketing Corporation from the LoneStar Communication Corporation.
The transaction backfired when the LoneStar Management said it discovered that those checks could not be drawn at the Guaranty Trust (Liberia) Limited Bank, declaring them as bad checks. President Ellen Johnson Sirleaf is noted for appointing into public service, individuals with established criminal record.
Mr. Akinsanya will control millions of oil revenue allocated for social development programs as head of NOCAL