Tuesday 28 October 2025
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allafrica - 8 days ago

Liberia: U.S.$770m Fake Debts

[Liberian Observer] A comprehensive audit by the General Auditing Commission (GAC) has uncovered massive irregularities in Liberia s domestic debt portfolio, revealing that approximately US$770 million in claims dating back to 1980 are invalid or unverified. The findings, detailed in a report released recently, paint a stark picture of the country s long-standing challenges in public financial management and debt accountability.


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