Central Bank Governor resigns
Publish date: 04 November 2019
Issue Number: 848
Diary: IBA Legalbrief Africa
Category: Liberia
President George Weah has accepted the resignation of Liberia's Central Bank Governor Nathaniel Patray following ongoing investigations over his alleged role in misallocation of state funds, including $25m meant to ease inflation. BBC News reports that Weah had previously announced his plan to replace Patray, a decision criticised by many who wanted the governor to remain in office until the investigations are concluded. Patray has denied any wrongdoing. Weah 'profoundly' thanked Patray for his services.