Wednesday, February 10, 2016

Liberia Finance Minister Threatened With Arrest

Mr Konneh is highly regarded in banking circles around the world AFP

Liberia's Senate voted yesterday to jail the respected finance minister following his move to slash their budget by about US$1.2m (£800,000), which could result in them losing some of their perks.

BBC Africa Live report continues:

However, Amara Konneh won a reprieve when the Supreme Court ordered a halt to his imprisonment "until further notice". 

Senators had argued that Mr Konneh - who was chosen two years ago as Finance Minister of the Year by the influential Banker magazine - acted beyond his powers by proposing a US$1.2m cut to their budget. 

His deputy James Kollie is quoted in the UK-based Telegraph newspaper as saying that the senate is angry about Mr Konneh's proposal because it will "mean they will lose out on things like vehicle allowances, home allowances, and other things. 
"This is all about their personal perks. It is an abuse of power, and a means to try to intimidate him so that they cannot be cut," Mr Kollie added, the newspaper reports.

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