tag:blogger.com,1999:blog-40056513089936019992024-03-08T14:52:40.150-08:00Development, Governance and Public PolicyProfessor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.comBlogger49125tag:blogger.com,1999:blog-4005651308993601999.post-68119200531005095762024-01-11T04:50:00.000-08:002024-01-11T04:50:00.129-08:00<p> <span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><span> </span><b style="text-align: center;"><u><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Professor
Tom Kaydor's Profile</span></u></b></p><p><span lang="EN-US" style="font-family: "Times New Roman", serif; font-size: 12pt; text-align: justify;">Prof. Tom Kaydor,
Jr. is a</span><span lang="EN-PH" style="font-family: "Times New Roman", serif; font-size: 12pt; text-align: justify;"> PhD Candidate in the Department of Government and
European Studies at the New University in the Republic of Slovenia, Central Europe
where he is reading and researching International Development and Diplomacy with
Security Aspects. He has completed his PhD dissertation. His dissertation topic
is ‘Reconceiving Africa’s Regional Integration for Sustainable Development’. He
earned his second master’s as a Master of Public Policy (MPP) specializing in
Development Policy with Distinction from the Crawford School of Economics and
Government (now Crawford School of Public Policy), Australian National
University, Australia. He also holds a Master of Arts (MA) in International
Relations (Highest Honor) and a Bachelor of Arts (BA) Magna Cum Laude in
Political Science from the University of Liberia where he currently serves as
an Assistant Professor at the IBB Graduate School of International Studies. He
holds a Diploma in Leading Economic Growth from the Kennedy Graduate School,
Harvard University, USA. He holds several diplomas and certificates in other
professional areas, and he is equally an Adjunct Professor of Development
Studies at the AME University Graduate School in International Development.
Prof. Kaydor is an evidence-based researcher and a published author.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 12pt;">Prof. Kaydor is an International Civil servant. He is a former UN
Coordination Adviser in Ethiopia; and a former United Nations (UN) Coordination
Analyst in Liberia. He also served as UNICEF-Liberia National Consultant.
First, he was UNICEF Liberia; Volunteer Engagement Initiative; and Then
National Consultant for the Development of the Roadmap on the Protection of
Children Living in Street Situations in Liberia. In these two countries, he coordinated
UN support for democratic governance and state-building, peacebuilding, and
conflict resolution. He mobilized resources for the United Nations Country
Teams’ joint programmes including Youth Empowerment; Gender Equality and Women's
Economic Empowerment; Food Security; peace building and peace consolidation. He
conducted policy research on Africa and its regional economic hubs and shared reports
and findings with the governments and the UN systems in these states. Thus, he is
aware of the major socio-economic, political, and environmental challenges and
opportunities African governments share regarding democratic governance state-building, and conflict resolution.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 12pt;">He served as Liberia’s Deputy Foreign Minister for International
Cooperation and Economic Integration. In this post, he coordinated Liberia’s
foreign policy, development cooperation, and aid coordination, and provided policy
advice to the government on how Liberia and Africa in part could curb extreme
poverty, achieve economic growth and national development through international
cooperation and democratic governance. Without peace, these issues cannot be achieved;
hence, peace, the rule of law, and justice are preconditions for development.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 12pt;">As Deputy Foreign Minister for International Cooperation and Economic Integration,
he also led Liberia’s bilateral and multilateral negotiations, regional
integration processes, governance, peace, and security dialogues et al. at the UN,
African Union (AU), the Economic Community for West African States (ECOWAS),
and the Mano River Union (MRU). This made him an astute policymaker, a peace
builder, and an advocate of African and global affairs. Equally, he served as
Liberia’s Chief Negotiator at the Intergovernmental Negotiations on the
Post-2015 Development Agenda, now the Sustainable Development Goals (SDGs). In
this role, he researched Liberia’s and Africa’s binding constraints, prepared policy
papers/notes, and presented them to the High-Level Committee on the Common
African Position, the Group of 77 plus China, the Least Developed Countries, et
al. He, therefore, has a profound understanding of and hands-on experience in global
governance, peacebuilding and state-building prospects and challenges.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 12pt;">Additionally, he served as Liberia’s Assistant Foreign Minister for
Africa, Asia, and the Pacific. In this post, he was the government’s representative
in charge of political and diplomatic affairs in all these regions. Hence, He
has hands-on experience in governance state-building, and peacebuilding
issues in Asia, Africa, the Middle East, and the Pacific regions.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 12pt;">Prof. Kaydor was trained as a strategic planner in 2009 at the Galilee
College (now the Galilee International Management Institute). Since then, He
has been involved with supporting institutions (NGOs and INGOs in developing
their strategic plans. For instance, He has developed the strategic plans for
about eight National NGOs in Liberia. He has done strategic planning for the
United Nations system, particularly for the Interagency Programming Teams and
the Operations Management Teams in Liberia and Ethiopia, etc. He has been
serving as a National Consultant for UNICEF Liberia. My current assignment for
the development of the National Roadmap for the protection of children living
in street situations ends on 14</span><sup style="font-family: "Times New Roman", serif;">th</sup><span style="font-family: "Times New Roman", serif; font-size: 12pt;"> January 2023.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-PH" style="font-family: "Times New Roman", serif; font-size: 12pt;">Most recently, prof. Kaydor served as </span><b><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">ASSOCIATE EDITOR
for “Encyclopedia of the Sustainable Development Goals: Transforming the World
We Want"-Volume 16.</span></b><span lang="EN-US" style="font-family: "Times New Roman", serif; font-size: 12pt;"> He was responsible for proposing themes and
edited 21 essays (scholarly submissions) on volume 16 which is focused on SDG16
as published by the Springer Journal I Switzerland. . Goal 16: Promotes peaceful and inclusive societies
for sustainable development, provide access to justice for all, and build
effective, accountable, and inclusive institutions at all levels. The
"Encyclopedia of the Sustainable Development Goals: Transforming the World
We Want" has been being produced by the World Sustainable Development
Research and Transfer Centre and the Inter-University Sustainable Development
Research Programme, published by Springer, as part of the award-winning “World
Sustainability Series". With this background, one can say that his work
has supported the Vision of a</span><span lang="EN-US" style="color: #212020; font-family: "Times New Roman", serif; font-size: 12pt;"> just, peaceful, and sustainable world free of violence,
inequality, and oppression.</span><span lang="EN-US" style="font-family: "Times New Roman", serif; font-size: 12pt;"> He is a Peer Reviewer for three renowned
international journals.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 12pt;">Finally, Prof. Kaydor is a published author with the following
publications, including three books, to his esteemed credit.</span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 12pt;">Kaydor, T. (2022).
The Role of the International Criminal Court in Liberia’s Peace and Stability; </span><b style="font-family: "Times New Roman", serif; font-size: 12pt;">International
Journal of Research and Innovation in Social Science (IJRISS) | Volume VI,
Issue VII, July 2022 | ISSN 2454–6186.</b></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Kaydor, T. (2022).
International Cooperation: Fulcrum for Sustainable Development; in W. Leal
Filho et al. (eds.), Handbook of Sustainability Science in the Future, Springer
Nature Switzerland AG 2022, </span><span lang="EN-US"><a href="https://doi.org/10.1007/978-3-030-68074-9_2-"><span style="color: windowtext; font-family: "Times New Roman", serif; font-size: 12pt; text-decoration-line: none;">https://doi.org/10.1007/978-3-030-68074-9_2-</span></a></span><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Kaydor T. (2021) Cash Transfer: A Strategic
Determinant for Poverty Reduction. In: Leal Filho W., Azul A.M., Brandli <o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">L., Lange Salvia A., Özuyar P.G., Wall T. (eds) No
Poverty. Encyclopedia of the UN Sustainable Development Goals. <o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Springer, Cham. </span><span lang="EN-US"><a href="https://doi.org/10.1007/978-3-319-69625-6_107-1"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">https://doi.org/10.1007/978-3-319-69625-6_107-1</span></a></span><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Kaydor, T. (2020). Development and Policy Dialogue:
Contemporary Insights, Authorhouse, Bloomington, IN, USA.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Kaydor, T. (2018). Development and Policy Dialogue:
Selected Essays, LAP LAMBERT Academic Publishing, SIA <o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">OmniScriptum Publishing, Brivibas gatve 197, LV-1039,
Riga Latvia, European Union.<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Kaydor, T. (2014). Liberian Democracy: a critique of
the principle of checks and balances, Authorhouse, Bloomington, IN, <o:p></o:p></span></p>
<p class="MsoNoSpacing"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">USA.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Kaydor, T. (2014).
‘What might Africa-China bilateral relationship be in 2030’, in A.S Patel,
J.S.G Teo, & S.W Dempsey <o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">(eds), Global
Perspectives on International Affairs: Collection of Essays, Forum for Global
Affairs, ANU, Canberra, <o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Australia, pp.
107-125.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">_____2014, ‘The
impact of poor infrastructure on poverty reduction in post-conflict countries’,
New Dawn Newspaper <o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">(online edition),
12 June, Monrovia, Liberia.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">_____2014,
‘Offering cash alone to the poor is not enough, New Dawn Newspaper (online
edition), 2 June, Monrovia, <o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Liberia.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><a name="_Hlk111873292"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">_____
(2014). </span></a><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">‘Obstacles
to achieving MDG2 in the Republic of Liberia’, FrontPage Africa (online
edition), 10 June, <o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Monrovia, Liberia.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">_____ 1998, An
Effective Legislature, the Alternative to Presidential Autocracy in Liberia,
unpublished Postgraduate <o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Thesis, IBB
Graduate School of International Studies, University of Liberia, Monrovia,
Liberia.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">_____ 2002, An
Analysis of the Balance of Power Amongst the Three Branches of the Liberian
Government, unpublished <o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">undergraduate
Thesis, Liberia College of Social Sciences and Humanities, University of
Liberia, Monrovia, Liberia.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;">_____ 2005, A
Concise Manual for Community and Social Workers, Monrovia, Liberia.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="text-align: justify;"><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;"> </span></p>
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</v:imagedata></v:shape></span><span lang="EN-US" style="font-family: "Times New Roman",serif; font-size: 12.0pt;"><o:p></o:p></span></p>Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-5219582491677484042018-02-05T06:03:00.000-08:002018-02-05T06:03:00.345-08:00Corruption Officials must be prosecuted<div dir="ltr" style="text-align: left;" trbidi="on">
https://www.liberianobserver.com/news/iab-report-blames-shoniyin-nyanplu-for-loss-of-227140-65-japanese-grant/</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-57022473862987783592018-01-30T07:05:00.001-08:002018-01-30T07:05:29.152-08:00Liberia: Walking in the trappings of Unconstitutional Rule?<div dir="ltr" style="text-align: left;" trbidi="on">
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Yesterday, H.E. President George
Manneh Weah, stated as follows:<o:p></o:p></div>
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<br /></div>
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“I swore that I would preserve,
protect, and defend the Constitution of Liberia…The Liberian Constitution,
which is the Supreme Law of the Republic, and with which I am intimately
familiar, shall be my principal guide for leadership and governance throughout
my tenure as President. Without pretending
to be a constitutional scholar, expert, or lawyer, I have found direction, as
well as inspiration, from studying it. I
would humbly advise all of you Honorable Ladies and Gentlemen, and indeed – all
Liberians -- to study your Constitution well, for I find it to be the most
useful and practical guide for those who would govern, and for those who are
governed. My assumption is that not
everyone is familiar with the Constitution, as they ought to be. I will now beg
your indulgence to allow me to make frequent references to it today as I address
you. In some instances I will read
extensively from it.” <o:p></o:p></div>
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The President also said:<o:p></o:p></div>
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“According to Article 60 of the Constitution,
the salaries of the President and the Vice President are established by the
Legislature, and cannot be increased or reduced during the period for which
they are elected. However, in view of
the very rapidly deteriorating situation of the economy, I am informing you
today, with immediate effect, that I will reduce my salary and benefits by 25%
and give the proceeds back to the Consolidated Fund for allocation and
appropriation as they see fit”.<o:p></o:p></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
Judging from the above, I am
strongly convinced that President Weah deliberately contravened and breached Article
60 of the Organic Law of the Land (the Constitution). Although his passion to
give back 25% of his salary and benefits is laudable, the best he could have
done was to say that he will personally give part of his salary and income to
the poor or for whatever purpose he would wish. This means he cannot arbitrarily
reduce his salary and benefits with immediate effect. This act is totally
unconstitutional. I therefore think the President needs very good policy
advisers.<o:p></o:p></div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-70276980390924124172017-09-28T04:31:00.000-07:002017-09-28T04:31:18.742-07:00Don't Compromise the Impending Elections in Liberia<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="color: red; font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"> Be
warned:<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">The National Elections
Commission and President Sirleaf must not compromise the 10 October 2017 presidential
and legislative elections.<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
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On 17 September 2017, President
Sirleaf met with the 19 Magistrates of the National Elections Commission and a
select group of members of the Board of Commissioners of NEC including its
Chairperson, Cllr. Jerome Kokoya. At
that meeting, the Resident Representative of the United Nations Development
Programme (UNDP) who is also the Resident Coordinator of the UN Country Team
and Deputy Special Representative of the Secretary General of the UN was
present.<o:p></o:p></div>
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<br /></div>
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Based on our intelligence, one
major thing occurred during that meeting. We are reliably informed that the
President and team present have committed to give each magistrate twenty
thousand United States Dollar ($20,000. US). The reasons for this are for them
to sway the elections result in favor of the Coalition for Democratic Change (CDC),
and accommodate one thousand (1000) poll supervisors in four of the vote rich
counties including Montserrado, Nimba, Bong, Lofa and Grand Bassa. The One thousand names are said to come from
the CDC. Based on our intelligence, an additional 700 names from the CDC have
been suggested by Chairman Kokoya to become poll supervisors in the rest of the
eleven counties.<o:p></o:p></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
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It is bad and unacceptable to
approach magistrates on such matters. They are being pressured daily to replace
elections supervisors that have been recruited with partisans of the CDC. Obviously,
the ultimate intent of this is to compromise the outcome of the 10 October 2017
Presidential and Legislative Elections. We strongly condemn this malicious
maneuvering and wish to send a strong warning to those involved. Any attempt to
compromise the results of the impending elections would meet a stiff resistance
from the social democratic forces of the Land.<o:p></o:p></div>
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<br /></div>
<div class="MsoNormal" style="text-align: justify;">
It is also unacceptable for the
UN Resident Coordinator to begin having meetings with the President,
magistrates and some Board of Commissioners at the private residence of the
President. If he has good intentions, he must hold meetings either at UN
premises or at the offices of the National Elections Commission.<o:p></o:p></div>
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<br /></div>
<div class="MsoNormal" style="text-align: justify;">
May God guide our steps as we
move to elections day.<o:p></o:p></div>
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<br /></div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-68258445169940217182017-04-03T09:35:00.004-07:002017-04-03T09:43:14.554-07:00For Abusing VP Boakai, NDC Condemns Charles Brumskine <div dir="ltr" style="text-align: left;" trbidi="on">
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<b><span style="font-family: "times new roman" , serif; font-size: 14.0pt;">SPECIAL PRESS STATEMENT<o:p></o:p></span></b></div>
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<b><u><span style="font-family: "times new roman" , serif; font-size: 12.0pt;">31 MARCH 2017<o:p></o:p></span></u></b></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
National Democratic Coalition (NDC) calls on Liberians everywhere not to be
disinformed by Cllr. Charles W. Brumskine and the Liberty Party about the
sociopolitical realities of Liberia. In addressing rumors that President Ellen
Johnson Sirleaf prefers and is quietly supporting Cllr. Brumskine to succeed
her as the next President of Liberia, the Liberty Party political leader, Cllr.
Brumskine, mischaracterized Vice President Joseph Nyumah Boakai and wrongly depicted
him as someone employing the “Congo–Country divide” in politics in Liberia! Sadly,
Cllr. Brumskine, who was once a strong supporter of Charles Taylor whose record
is unhidden regarding the destruction of Liberia and his plan to destabilize
the sub-region, tacitly likened Vice President Boakai to self-serving
individuals who exploit political opportunism, exploit the people, destroy the
country, and enrich themselves at the peril of ordinary people, including
struggling women, children, and students. Here is what Cllr. Brumskine said,
which was reported in the <i>FrontPage
Africa newspaper</i>:<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">‘Da -Country man
business the people will eat; will that help market women and men to move from
market stalls into stores?’ ‘Da -Country man business that will help the poor
people children to get into good schools? ‘Da Kongo-Country man business that
will take healthcare to Liberians who live in the country side, so that
pregnant women will not continue to die in child birth? ‘Da Kongo-Country- man
business that will help our farmers grow bigger farms?<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">NDC
sees Cllr. Brumskine’s comments as ill-advised and as an outburst of emotion
bordered on fear of the Vice President. It has become clear that VP Boakai has
emerged as the hope and unifying statesman for ordinary Liberians and as such
has become a threat and obstacle to the interest of the relics of the
establishment class in its desperate political desire to maintain the old
political statusquo after Madam Ellen Johnson-Sirleaf’s tenure expires in
January 2018. NDC believes that ordinary Liberians across the lengths and
breadths of the country prefer the Vice President because they believe he is a
well-experienced, educated, mature, and sober indigenous leader capable of
addressing the fundamental ills of the country, including the “Country-Congo”
divide through genuine reconciliation, equitable distribution of the national
wealth, promotion of education and health as an outcome of huge investment in
infrastructural development in the truest sense of the word.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">NDC
calls on Cllr. Brumskine and his Liberty Party not to present and use the Vice
President as a scapegoat for Liberia’s intractable sociopolitical, economic,
and historical problems. The 1847 Liberian State of ex-slaves was established
and run for more than a century on the doctrine of social exclusion. Despite
the 1980 Coup that dislocated the settler hegemony and promised fundamental
changes for our common good as a nation, we are yet to see basic sociopolitical
and economic changes in Liberia. <o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
brutal civil war we suffered was never about liberating and uniting Liberians;
it was more about self-serving individuals arrogating unto themselves the right
to wage war so that they could grab political power for plunder,
self-enrichment, and vengeance. Unlike Vice President Boakai who did not
support and benefit from the war, Cllr. Brumskine did support and benefit from
the brutal civil war in Liberia. <o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">Moreover,
arguably, nothing has fundamentally changed in 14 years of so-called
peacebuilding in post-war Liberia. The
arrogance and the lack of remorsefulness on the part of remnants of the old
order remains entrenched. Brumskine and
the class he belongs to believe they are the only ones that should preside over
the state and control economic power while the vast majority of the population remains
poor farmers and house boys and girls.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">Can
Cllr. Brumskine reconcile Liberia? Is he oblivious of the Country-Congo divide
in Liberia? Can he tell us which leader
in the history of Liberia that has solved the Country-Congo divide whether by
reconciliation or far-reaching reforms? <o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">NDC
thinks when Cllr. Brumskine talks about the native-settler divide in such a
flimsy and careless manner, it means he is naïve, and has not understood the
actual reality of Liberia’s political, social, and economic problems. Any
leader failing to admit the problems in Liberia and who pretends that the
settlers versus the indigenous majority problem has ceased to exist, such a
person is either a fake leader or a downright political demagogue, undeserving
of leading.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
NDC likes to note that it is not sufficient to handpick someone from the indigenous
group as a vice presidential running mate. Addressing the “native-settler”
divide in Liberia requires genuine actions, which Cllr. Brumskine has not demonstrated
over the years. We saw Charles Taylor, to whom Cllr. Brumskine served as a legal
advisor, slaughter many indigenous political leaders under the pretext of
war. He killed Jackson F. Doe, Gabriel
Kpolleh, David Dwanyan, Stephen Yekerson, Sam Dokie and his family, Vice
President Enoch Dogolea, John Yomie, Prof. Isaac Vaye, and many others,
primarily because of the “Country-Congo” divide. What was Cllr. Brumskine’s
stance on these killings?<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">Today,
the people of Nimba are asking Harrison Karnweah about the sons of Nimba who
were slaughtered in cold blood. In fact, Mr. Karnweah must account to the
people of Liberia for his role in gun running and arms trade in the
South-Eastern region where he was undeservingly awarded the operation of the
Cavalla Rubber Plantation during Mr. Taylor’s rebel war. The arms he supplied
to rebels in the South-Eastern region led to the countless deaths of our
compatriots. The best place for Brumskine and his running mate is a Special
Criminal Tribunal, not the Executive Mansion.
<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">Cllr.
Brumskine, in his comments, further claimed that VP Boakai is an elite who has
accumulated wealth over the years, and should not be considered as a poor man,
or as someone from the grassroots. Here is what the LP political leader said:<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">‘Today, the
supporters of H.E. Joseph N. Boakai present him as a poor man from Lofa, and
that he would understand the plight of poor people. But don’t be fooled, Joseph
N Boakai is not poor like you or even as me. As Vice President, his office
receives more money from the government budget than any other Vice President
has received in Liberia’s history.’<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">‘He has enjoyed
some of the best and most lucrative government jobs — Minister of Agriculture,
Ambassador, Managing Director of the LPMC, at the time when LPMC had money, and
several other positions. Vice President Boakai might have been poor a long ago,
but today he is among the richest one percent of Liberians who are enjoying the
best of this country.’<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">‘While the Office
of the Vice President has received nearly US$9 million from the 2014 fiscal
year to now, the total spending on health institutions in Lofa, his home
county, for the same three-year period was only US$3,406,881. Only US$1,350,000
is proposed for Lofa health institutions for the 2017/2018 fiscal year.’<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">NDC
takes delight in the fact that Cllr. Brumskine seems to know more about the VP
and is educating the public. Quite interesting. What is even more interesting
is the fact that at one point in time Cllr. Brumskine described VP Boakai as
being “weak” and as a “sleeping” Vice President! How can someone who is “weak”
continue to enjoy “some of the best and most lucrative government jobs” in
Liberia? Isn’t it counter-intuitive for
a “sleeping” Vice President to assist in steering the ship of national affairs
without a civil war like the one Cllr. Brumskine supported during the Charles
Taylor’s era? <o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">As
the Legal Counsel for Mittel Steel and LAC, can Cllr. Brumskine tell the Liberian
people the annual net profits of these foreign companies? Can he also tell us his annual legal retainer
fees from LAC and Mittel Steel? Can
Cllr. Brumskine tell the Liberian people how much his boss Charles Taylor made
annually as President? Can he tell the Liberian people exactly how much Charles
Taylor stole from Liberia? Can he disclose how much Charles Taylor and the NPFL
paid him when he argued against the presence of the international peacekeeping
force <b>(ECOMOG)</b> in Liberia vis-à-vis
the status of forces agreement (SOFA)? These are questions the NDC would like
for the Liberty Party Leader to answer publicly for the benefit of Liberians
everywhere. In addition, can Cllr. Brumskine tell the Liberian people if Charles
Taylor had anything called annual budget, and was there a difference between
the Central Bank of Liberia and his White Flower Residence in Congo town?
Brumskine needs to answer these questions
also because he brags about being a President Pro-Tempore.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">On the issue of Cllr. Brumskine’s assertion that ‘He
(Boakai) has enjoyed some of the best and most lucrative government jobs —
Minister of Agriculture, Ambassador, Managing Director of the LPMC, at the time
when LPMC had money, and several other positions; this brings us to the
critical area of the corrupt, patronage and neo-patrimonial attitude Liberia’s
ruling class brings to public sector governance. What Cllr. Brumskine insinuates is that the
running of government is not and should not be about service, but about the grab
of “lucrative government jobs”. By extension of this shameful attitude about
government, Cllr. Brumskine’s desperate desire to become president of Liberia
is all about to grab a “lucrative government job”. <o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The fundamental issue on good and democratic
governance that Cllr. Brumskine fails to address is one that borders on CONFLICT
O INTEREST, which the current Code of Conduct should have but deliberately
failed to address. He is legal advisor for major trans-national and
multi-national corporations in Liberia (LAC, Mittel Steel, etc.) while running
for the highest seat of government. How
does he address this critical governance issue?
Where does his loyalty lie? Which
of these, LAC and Mittal Steel, on the one hand, and the Liberian State and
people, on the other? </span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;"><br />
Is he prepared to serve? Under the True
Whig Party, Tubman and Richard Henries, for example, while serving as Associate
Justice of the Supreme Court and Speaker of the House of Representatives
respectively, simultaneously served as lawyers for Firestone and LAMCO
Companies. They used their public positions to protect the interests of private
companies and suppress local people and trade unions. These are the issues
Cllr. Brumskine should address, and not distract from the fundamental issues.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">In
concluding, the NDC would like to comment on Cllr. Burmskine’s claim that the
President of Liberia has not given Liberty Party any support in cash or kind,
and that she is not supporting his candidacy. The NDC considers this as highly
laughable, untrue, and misleading. Don’t be fooled, Liberians. As Americans
often say, the proof of the pudding is in the eating. Here are circumstantial pieces
of evidence to support the preferential treatment provided by President Sirleaf
to the Cllr. Brumskine and top officials of his Liberty Party:<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoListParagraphCxSpFirst" style="line-height: 150%; text-indent: -0.25in;">
<!--[if !supportLists]--><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">a.<span style="font-family: "times new roman"; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
appointment of a former Chairman of the LP, Mr. Israel Akinsiah, at the
lucrative National Oil Company of Liberia (NOCAL) as Vice President for Public
Relations;<o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; text-indent: -0.25in;">
<!--[if !supportLists]--><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">b.<span style="font-family: "times new roman"; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
submission of Cllr. Brumskine’s credential to ECOWAS as Liberia’s
representative to that regional body; albeit he was rejected, and Dr. Toga
Gayweah MCcintosh was preferred to him (Brumskine)’; <o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; text-indent: -0.25in;">
<!--[if !supportLists]--><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">c.<span style="font-family: "times new roman"; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
political influence brought to bear to have Mittel Steel legal retainer ship
with the Sherman and Sherman Law Firm abrogated and transferred to the
Brumskine Law Firm, from which Cllr. Brumskine makes more than US$500,000.00
per annum. In this capacity, Mr. Brumskine has trumpeted the interest of a
multinational cooperation over the interest of the impoverished people of Nimba
and Bassa counties that are virtually living in slavery under Mittel Steel.<o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; text-indent: -0.25in;">
<!--[if !supportLists]--><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">d.<span style="font-family: "times new roman"; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
appointment of the sitting Chairman of the Liberty Chairman as Minister of
State without Portfolio in the Office of the President. While serving in that
office, the LP official also serves as “Special Prosecutor” and has been used
to get at perceived political foes of President Sirleaf. Two victims of such
political vengeance include Senator Varney Sherman and former Speaker Alex
Tyler. <o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; text-indent: -0.25in;">
<!--[if !supportLists]--><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">e.<span style="font-family: "times new roman"; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
Brumskine Law Firm also provides legal retainer ship to the Liberian
Agricultural Company (LAC) under which the people of Grand Bassa have lost many
lives and continue to suffer forceful removal from their traditional land.
Providing legal retainer ship for these lucrative transnational and
multi-national corporations requires the blessing of the presidency;<o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; text-indent: -0.25in;">
<!--[if !supportLists]--><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">f.<span style="font-family: "times new roman"; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">A surrogate of
President Sirleaf and the former Chair of the LP, now “Special Prosecutor”
jointly share a law firm through which thousands of dollars have been siphoned
to support the Presidential bid of Mr. Brumskine<o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpLast" style="line-height: 150%; text-indent: -0.25in;">
<!--[if !supportLists]--><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">g.<span style="font-family: "times new roman"; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">There
are many other shady deals currently taking place between the political leader
of the LP and cronies of President Sirleaf in the direction of strengthening
Cllr. Brumskine’s chances in the 2017 Elections, including the political cross
over from the Unity Party to the LP by staunch cronies of President Sirleaf
(the LFA boss, Mr. Musa Bility, the tax invader; and the former FDA boss and
now vice running mate of the political leader of the LP). <o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;"><br /></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">If
these counts do not represent tacit and substantial political support by Madam
Sirleaf, President of the Republic of Liberia, to the LP, then we just don’t
know what else support can be described.<b><i> <o:p></o:p></i></b></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;"><br /></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">Lastly,
we should note that Cllr. Brumskine did not understand what VP Boakai said, to
which he tried to respond but, either consciously or subconsciously, distorted.
Vice President Boakai did not ‘say that President Sirleaf supports the Liberty
Party’. What the Vice President said was that ‘the people are saying that the
President supports the Liberty Party. Therefore, the NDC is convinced that
Brumkine’s attack on the <b>Vice President
is a gross display of arrogance, contemptuous, unwarranted, baseless, flimsy,
and unfounded. The NDC thinks Brumskine is frustrated because, after President
Sirleaf has made frantic effort three different times to persuade the Vice President
to take Charles Brumskine as a running mate, he now reverts to distortion and
attacks on the Vice President.<o:p></o:p></b></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;"><b><br /></b></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">The
NDC wishes to emphasize, that Joseph N. Boakai, the standard bearer of the
Unity Party is the Presidential Candidate of the Coalition representing
Liberia’s social democratic tendency. As
such, any attack on Vice President Boakai will be responded to appropriately. <o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">Forward
march Africa! Liberia First! <o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12.0pt; line-height: 150%;">PUBLISHED
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<span style="font-family: "times new roman" , serif; font-size: 12.0pt;"> Ciapha S. Gbollie<o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12.0pt;"> VICE CHAIRMAN FOR ADMINISTRATION<o:p></o:p></span></b></div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com2tag:blogger.com,1999:blog-4005651308993601999.post-44948068333333200382017-02-28T06:53:00.001-08:002017-02-28T06:53:16.380-08:00Vice President Boakai on the move...<div dir="ltr" style="text-align: left;" trbidi="on">
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-32311250618886069112016-05-21T15:54:00.002-07:002016-05-21T15:54:37.993-07:00<div dir="ltr" style="text-align: left;" trbidi="on">
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Remarks by Thomas Kaydor, Jr. at the Retreat held by</strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">The St. Thomas Episcopal Church on Camp Johnson Road</strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">On the importance of ecumenism at the residence of</strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Bro. Eugene H. Shannon, S.D. Cooper Road, Paynesville</strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Saturday, 14 May 2016 @ 11:00 A.M.</strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;"> I. </strong><strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Introduction</strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;"><em style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Hon. Eugene H. Shannon, the host of this memorable Men Retreat of the St. Thomas Episcopal Church, Monrovia, Liberia:</em></strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;"><em style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Bro. Solomon Rogers, Chairperson of the Retreat Committee:</em></strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;"><em style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Bro. Yilaa Wloti Se, the illustrious President of the Men Department of the St. Thomas Episcopal Church:</em></strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;"><em style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Rev. Dr. Canon James B. Sellee, Rector, St. Thomas Episcopal Church:</em></strong></div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;"><em style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Delegates and observers present at this retreat; invited guests, distinguished ladies and gentlemen:</em></strong></div>
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I bring you greetings from the Trinity Lutheran Church in New Matadi Estate, Sinkor, Monrovia, Liberia in the name of the Father, the Son and the Holy Spirit. I also bring you greetings from my family that has permitted me to spend this time out on a national holiday. I am excited to have been selected by the Men Department of the St. Thomas Episcopal Church to share my ‘doctrinal’ views on the topic: <strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">“the relevance of ecumenism in our spiritual relationships and its impact on the integration of the Christian churches”</strong>. My reflection here today is fully grounded in the Holy Bible. I will therefore not be too academic, but simply attempt to provide a biblical analysis that befit your chosen topic.</div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">II. What is Ecumenism?</strong></div>
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The two terms “ecumenism” and “ecumenical” come from the Greek word οἰκουμένη (oikoumene), which means “<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">the whole inhabited world</strong>“. This Greek word was historically used with specific reference to the Roman Empire relative to its conquering move of almost the whole world. Sadly today, the Greeks are embroiled into economic and social crises. I pray that God will see them though these difficult times. Ecumenical vision, as it stands today, comprises both the search for the visible unity of the Church (Ephesians 4:3) and the “whole inhabited earth” (Matthew 24:14) as the concern of all Christians.</div>
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Ecumenism is any effort aimed at the integration and unity of Christians throughout the world. The adjective ecumenical applies to any interdenominational initiative that encourages greater cooperation among Christians and their churches, whether or not the specific aim of that effort is full and visible unity.</div>
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Simply put, the goal of ecumenism is Christian unity and integration based on believe in the Holy Trinity (God the Father, God the Son, and God the Holy Spirit). This is rooted in the prayer of Jesus Christ “that they all may be one” or “high priestly prayer” in his farewell discourse (John 17:20-26). This is understood as the “ecumenical mandate”: the imperative that all Christians have for working towards Christian unity, even as a pre-requisite for effective evangelization.</div>
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There are, however, a variety of different expectations of what Christian unity looks like, how it is brought about, what ecumenical methods ought to be engaged, and what both short- and long-term objectives of the ecumenical movement should be. For some, Christian unity means a clear, visible, and organic unity of sacramental life, worship, and ecclesial structures. For others it is sufficient to share a common Christian faith and to cooperate on certain joint ministries or tasks where beneficial, especially for evangelization and charitable service to humanity, mainly the weak, oppressed, poor and distressed. I belong to the later view.</div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">III. What Ecumenism is not?</strong></div>
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Ecumenism does not include efforts at better understanding and cooperation among different religions (i.e., Christianity with Judaism, Islam, Buddhism, etc.). In such cases the appropriate term in my view is ‘Interfaith or Interreligious Dialogue’. The interfaith movement strives for greater mutual respect, tolerance, and co-operation among the world religions. There is no expectation of a unified religion as a result.</div>
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Ecumenism is not religious syncretism, “lowest-common-denominator” theology, or an effort to bring about “One World Religion” that is something other than Christianity. Nor is it “False Irenicism” or the “dumbing-down” of doctrine to the point of indifference.</div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">IV. The Protestant Reformation and its implication on Christian Unity</strong></div>
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The Protestant Reformation is historically attributed to the entire process through which Martin Luther despised and fought against the Roman Catholic teaching of “Indulgences”. Through this hideous teaching of Rome, it was said that salvation could be bought with money, Gold and Silver which eventually flowed into the Papal treasury. Luther wrote and nailed the 95 theses (points) against the doctrine of indulgences on the door of the castle church of Wittenberg. The points which he raised against indulgences spread throughout Germany within days; and within weeks had spread throughout Christendom. This unleashed the fury of the leaders of the Roman Catholic Church and Luther was declared a “heretic”.</div>
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Luther’s conviction was based on Romans 1:17 which states that “THE JUST SHALL LIVE BY FAITH”. From this he saw the fallacy of the Roman Catholic teaching of trusting in human works for salvation. His eyes were opened to the delusions of the Papal Church. He therefore proclaimed that Christians should receive no other doctrines than those which rest upon the Sacred Scriptures. These words were to strike at the very heart of the Papal Church, and contained the vital principle of the Protestant reformation. So just as Luther, we must not fight amongst ourselves based on denominational differences, but rather fight against wrong teachings anywhere in any form or manner.</div>
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The reality is that the reformation has divided Christians into many denominations. But is that wrong for the purpose of evangelism? I say NO. The division has made Christ known to many; hence ecumenism must now be the basis of us all uniting and integrating not as one denomination under the Episcopal, Lutheran or Catholic denomination, but we must focus on Christ as the redeemer who died on the cross to set us free. It is this message that we must all propagate and build partnership in villages and towns, regions and states, continents and the entire world. The pain, suffering and agony of one Christian anywhere must be the pain, suffering and agony of Christians everywhere. This is what I call ‘true ecumenism’.</div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">V. The Critique</strong></div>
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Let me digress a little into some thought provoking ideas. The “Pope prayed for the ‘one human family’ desired by Christ… Marking the 97th World Day of Migrants and Refugees on Jan. 16th 2011, Pope Benedict XVI spoke of the “migration experience” of the Church and hoped for a future where all people consider themselves part of “one human family”. (Catholic News Agency, January 16th 2011)</div>
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“Pope Francis urged members of all religions and those belonging to no church to unite to defend justice, peace and the environment … Francis, the first non-European pope in 1,300 years, met leaders of non-Catholic Christian religions such as Orthodox, Anglicans, Lutherans and Methodists, Episcopalians, and others including Jews, Muslims, Buddhists and Hindus.” (Vatican City, March 20th 2013)</div>
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In view of these, others argue: ‘since when did Christ Jesus “desire” the whole world to unite, no matter what they believed? God clearly told His people to “come out from among them and be separate” (2 Corinthians 6:17). God also confirmed that “two people CANNOT walk together unless they be agreed” (Amos 3:3). So why establish the inter-faith Council, the “World Council of Churches” and the “National Council of Churches”.</div>
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These issues are mind boggling. However, I am here today to remind us all of the following:</div>
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<em style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Martin Luther said “cursed be that love and unity for whose sake the Word of God must be put to stake”! Also, Huge Latimer said “unity must be according to God’s Holy Word, or else it were better war than peace. We ought never to regard unity so much that we forsake God’s Word for unity’s sake.”</em> (Italics mine)</div>
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In view of the above, our focus as Christians must be to preach the word of God, and strive to live according to biblical teachings keeping in mind Romans 3:23; and bear each other’s burden. We must have clear hearts and minds for one another. We must put away envy and destructive competition amongst us. We must stand for each other and pray for one another’s success. This is Ecumenism.</div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">VI. Why Ecumenism is important and relevant in the 21<span style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">st</span> Century?</strong></div>
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Rev. Dr. Samuel Kobia, then General Secretary, World Council of Churches, in his paper titled ‘New visions and challenges to ecumenism in the 21st century on 17 November 2006 in Shanghai, People’s Republic of China, argues that ‘the formation of the World Council of Churches is arguably the most significant development in ecumenical history in the second half of the 20th century. But during the same period the ecclesial landscape changed in other significant ways including the multiplicity and proliferation of denominations and non-denominational churches (especially since the 1980s), the growth of Pentecostal and charismatic movements, and the increase of bilateral ecumenical dialogues’.</div>
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So in the 21<span style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">st</span> Century if ecumenism is the quest for Christian unity, it must be understood what the divisions are which must be overcome. Christianity has not been a monolithic faith since the first century or Apostolic Age. Christianity is the largest religion in the world (making up approximately one-third of the global population) and the various divisions have commonalities and differences in tradition, theology, church government, doctrine, and language. Christians are visibly divided into different communions or denominations, groupings of Christians and their churches that are in full communion with one another, but to some degree exclusive of other Christians.</div>
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In view of these, we must overcome the widespread practice of segregating against each other and calling one another all kinds of names. This brings us to one of the key elements in your topic: “how our spiritual relationships can impact the integration of Christian churches”. Can the spirit live in peace in an environment of agony, treachery, greed, poverty and wars? The obvious answer is no.</div>
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This is why in 1975, as liberation theology was rising to prominence, M.M. Thomas of India, then Moderator of the World Council of Churches’ Central Committee, spoke of the need for a “spirituality of combat” in confronting the principalities and powers of this life. In the 1980s the WCC-Urban Rural Mission (URM) sought the spirituality that undergirds the community of people engaged in the struggles for transformation of society including the mineral and natural resource rich state of Liberia. In Korea, for example, the Minjung theology was developed which provided the grounding for advocacy work by Christians during a very difficult period in the history of their country.</div>
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In Africa, especially in South Africa, Black Theology ‘became the most effective way of conscientizing the oppressed, and inspiring them in their struggles against racism, just as it had been the case with Africans in the diaspora (USA and elsewhere). The Theology of Liberation in Latin America and Caribbean is perhaps the most significant paradigmatic shift in respect to the struggles of the poor and speaking the truth to power. Incarnation as the liberating love, which is both a gift and a task to be fulfilled, informed and influenced theological and hermeneutical discourses in the “Christian world”. God’s preferential option for the poor and oppressed became common language in mainline ecumenical theology. Today Christians in the South and elsewhere are challenged to build on contextual theologies as part of their ecumenical social responsibility in addressing contemporary issues of justice, peace, human rights and reconciliation. What is needed is a spirituality that takes hold of real-world as well as local challenges, and will not let them go unresolved. Fellow men of the St. Thomas Episcopal Church, the time is now that you raise up your voices against the ills in our society.</div>
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Such a spirituality may begin in a profound encounter with the self (each and every one of us in here). But from the beginning we must be prepared to move beyond self into close community (our neighborhood, towns, clans, districts and counties), and from there into action in the world God loves (beyond national boundaries). According to Dr. Kobia, “in the solitude of self, we experience a yearning for companionship; in community we find the desire and commitment to help build a more just and caring world community; and, in our interaction with the world and its many people, the Holy Spirit will affirm our identity and give us a place to stand. From that stand, we will develop and nurture ecumenism for our times in the 21st century’.</div>
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Distinguished ladies and gentlemen, your Retreat today provides an opportunity for us to reflect on how Christians in the various denominations, communities, et al. need to unite, and then interact across denominational boundaries. Once such ecumenical spirit gains traction, it will be easier for us (Christians) to tackle and perhaps defeat the many ills in our society. Liberia can only become a better place for all (men, women and children) if we (Christians) in every corner of our land focus on Christ Jesus, our Lord and Savior, and practice His teachings. We must move His teachings beyond congregations, tribes, political parties, et al. The Golden rule must be ‘do unto others as you wish them do unto you’.</div>
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Least I forget, what are we (men in Liberia) doing about the 2017 elections as Christians within the confines of ecumenism? Are we looking for candidates who can dig deep into their pockets and satisfy us in the short term, or we are concerned about a brighter future for our children and country? Are we supporting candidates based on parties, denominations, and tribes or we are supporting those with an outstanding track record of reconciling Liberians, and collectively using their talents to build us a great nation? It is about time that we speak out against those candidates that cause Liberia and Liberians the mayhem, pain, suffering, deaths, poverty and agony to gain their wealth. We need justice, not killers, we need God fearing leaders, not rogues, warlords, gays, lesbians, and war sponsors who parade the corridors of power in our country at the detriment of the poor and oppress. We need to therefore elect individuals that come clean of the rotten system. Did I say those without any sin or who have never worked in Government? No. Romans 3:23 puts it clear that ‘we all have fallen short of the Glory of God’… with this caveat, we must look for the lesser of the evils.</div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">VII. Conclusion</strong></div>
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As His Holiness Aram I argues: “there is no alternative to a dialogue that challenges all religions to go beyond their institutional and dogmatic boundaries to seek a common ground for living, reflecting and working together. With this understanding and vision, our churches are called to re-engage responsibly in this common adventure’. Given the complex and sensitive nature of ecumenical and inter-religious dialogue, the engagement of the churches must be constantly reviewed and re-assessed in a critical and realistic manner” (Report of the Moderator to the 2003 WCC Central Committee meeting, p.5).</div>
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I therefore call on us all here today and those afar to introspect and overcome selfish barriers, move into communities and build bridges of peace, hope and unity, and move across countries to spread the word of God, bringing peace, justice, freedom to mankind, integrating Christians, and helping the poor get out of abject poverty, and the oppressed get justice. This is our ecumenical calling and charge.</div>
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Thank you very much for inviting me.</div>
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<strong style="border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;">Questions & Answers!!!</strong></div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-73382410324095475572016-05-12T03:54:00.001-07:002016-05-12T03:56:32.327-07:00Global Witness Exposes Corruption in Liberia<div dir="ltr" style="text-align: left;" trbidi="on">
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<b style="box-sizing: border-box;"><a href="https://www.globalwitness.org/documents/18422/Government_of_Liberia_Response_-_11_May_2016.pdf" style="box-sizing: border-box; color: #dd202c; text-decoration: none; transition: all 0.1s ease 0s;">Liberian government pledges to investigate</a></b></div>
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A <a href="http://www.globalwitness.org/thedeceivers" style="box-sizing: border-box; color: #dd202c; text-decoration: none; transition: all 0.1s ease 0s;">Global Witness exposé r</a>eleased today has uncovered over US$950,000 in bribes and other suspicious payments by UK mining firm Sable Mining and its Liberian lawyer, Varney Sherman. Responding to Global Witness’ findings, the government has pledged to investigate and hold those culpable to account. </div>
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The report, <i style="box-sizing: border-box;"><a href="http://www.globalwitness.org/thedeceivers" style="box-sizing: border-box; color: #dd202c; text-decoration: none; transition: all 0.1s ease 0s;">The Deceivers</a> </i>(1),<i style="box-sizing: border-box;"> </i>shows how in 2010 Sable hired Varney Sherman, Liberia’s best-connected lawyer and current Chairman of President Ellen Johnson Sirleaf’s Unity Party, in an effort to secure one of Liberia’s last large mining assets, the Wologizi iron ore concession in northern Liberia. Sherman told Sable that in order to obtain the contract the company must first get Liberia’s concessions law changed by bribing senior officials, according to a source familiar with the discussions. The account is backed up by leaked emails and company documents seen by Global Witness. (2)</div>
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According to the documents, Sherman then began distributing Sable’s money to some of Liberia’s most important government officials.</div>
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“Sable and Sherman paid bribes in order to change Liberia’s law and get their hands on one of its most prized assets, the Wologizi concession,” said Jonathan Gant, Senior Campaigner with Global Witness. “The government must act fast and investigate Sable, Sherman, and the officials they paid.”</div>
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The table below details the bribes listed in an account statement by Sable and Varney Sherman’s law firm, Sherman & Sherman:</div>
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Global Witness uncovered other payments by Sable to officials and unidentified people referred to as “Bigboy 01” and “Bigboy 02.” While it is not clear why the company made these payments, some of those involved are key to approving contracts.</div>
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Fombah Sirleaf, son of President Johnson Sirleaf and head of Liberia’s National Security Agency also benefitted from Sable’s largesse. In 2011, Sirleaf went on a US$7,598 hunting trip to South Africa paid for by Sable, spending over US$1,000 in a gun shop alone. There is no evidence that Sirleaf provided Sable with any favours, although he was clearly a useful person to know.</div>
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The table below details other questionable payments made by Sable:</div>
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At the time that these payments were made, Sable Mining was headed by British businessmen Phil Edmonds and Andrew Groves. At the time that these payments were made, Sable Mining was headed by British businessmen Phil Edmonds and Andrew Groves. <i style="box-sizing: border-box;">The Deceivers </i>shows how, in addition to their misadventures in Liberia, the pair have siphoned millions from investors and hired a security agent who spied on and intimidated their business rivals. Details of Edmonds’ wealth are rare, but in 2012 he was reportedly worth some US$14 million. (3)</div>
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Despite the company’s corrupt tactics, Sable has not been awarded the Wologizi contract. However, in January 2015, Sable announced that it had received lucrative rights to transport iron ore from its Guinean concession to the Liberian coast on a railroad used by ArcelorMittal. (4) According to Sable the deal will greatly reduce the costs of its Guinean operations. The Liberian government states that it is negotiating with Sable, but has not yet given the company rights to the railroad. (5)</div>
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“The Liberian government has pledged to ‘<i style="box-sizing: border-box;">spare no efforts</i>’ investigating Sable’s activities in Liberia and has said it will ‘<i style="box-sizing: border-box;">bring to justice anyone found to be culpable</i>’.” said Gant. “After recent prosecutions of officials for bribery in the oil and forest sectors, it is time for the government to tackle bribery in the country’s biggest sector: mining.”</div>
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Sherman, who has represented investors such as Chevron and Firestone, has also benefitted from his dealings with Sable. A $200,000 payout from Sable’s funds labelled ‘<i style="box-sizing: border-box;">political contribution – UP convention</i>’ is dated 22 April 2010, less than three weeks before a Unity Party conference where Sherman was elected party Chairman.</div>
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At the same convention, Unity Party members elected Henry Fahnbulleh as Secretary General. Sherman opposed this and publicly demanded Fahnbulleh’s resignation. Documents seen by Global Witness show how, on 24 June, Sable paid out US$25,000, labelled as ‘<i style="box-sizing: border-box;">Political contribution – UP Secretary General resignation</i>.’ Fahnbulleh quit the next day.</div>
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If it is found that they broke the law, Liberian government officials should be removed from office and prosecuted, while Sherman should be disbarred and also face criminal charges. For its part, if Sable broke the law E<a href="https://www.globalwitness.org/en/press-releases/global-witness-exposes-bribes-top-liberian-officials-uk-mining-company-and-varney-sherman/">dmonds and Groves should be prosecuted and Sable’s transportation licence should be revoked.</a></div>
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“Edmonds, Groves, Sherman, and the Liberian officials they paid should not be able to profit from corrupt, back-room deals,” said Gant. “Only through these actions will Liberia demonstrate that it is serious in its fight against corruption.”</div>
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When asked to comment on Global Witness’s findings, Sable said it conducts its business ‘<i style="box-sizing: border-box;">in a responsible and ethical manner</i>.’ It said it had conducted a review into the payments in 2011, but that no evidence implicating the company’s Board of Directors was found and financial controls were tightened as a result. The payments documented by Global Witness were made by Delta Mining, in which Sable had only a minority interest, the company said. But the payments came from Sable’s account and not Delta’s, a spreadsheet detailing bribe payments shows.</div>
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Global Witness attempted to contact those listed as having received payments or gifts. Tolbert, Belleh Kupee and Wotorson all denied taking bribes from Sable. Tolbert, however, did acknowledge accepting payments to the football team. Saytumah, Tyler, ECB Jones and Fombah Sirleaf did not respond to letters hand-delivered to their offices. Sherman declined to comment on grounds of confidentiality, although he acknowledged that his firm made unspecified payments from its Sable client account.</div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-59369071220361617792015-10-24T07:46:00.002-07:002015-10-24T07:46:16.370-07:00How Corrupt Officials Fraud Government<div dir="ltr" style="text-align: left;" trbidi="on">
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<b><span style="font-family: "Cooper Black",serif; font-size: 28.0pt;">Internal Audit
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<span style="font-family: "Cooper Black",serif; font-size: 28.0pt; mso-bidi-font-size: 11.0pt; text-transform: uppercase;">dated:
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<b><span style="font-family: "Cooper Black",serif; font-size: 16.0pt; line-height: 115%; mso-bidi-font-size: 14.0pt;">Table of Contents <o:p></o:p></span></b></div>
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</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%;">Executive Summary 2<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">2.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%;">Background 3<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">3.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%;">Objectives 3<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">4.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%;">Scope 4<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">5.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%;">Methodology 4<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">6.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%;">Findings 5<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">7.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 14.0pt;">Conclusion</span><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;"> </span><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 14.0pt;">12</span><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;"><o:p></o:p></span></div>
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</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 14.0pt;">Appendix 12
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<!--[if !supportLists]--><b><span style="font-family: "Cooper Black",serif; font-size: 12.0pt; mso-bidi-font-family: "Cooper Black"; mso-fareast-font-family: "Cooper Black";">1.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal;">
</span></span></b><!--[endif]--><span dir="LTR"></span><b><span style="font-family: "Cooper Black",serif; font-size: 12.0pt;">Executive
Summary<o:p></o:p></span></b></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">1.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The Internal Audit
Bureau has conducted a forensic audit of the International Economic Cooperation
and Integration (IECI) Japanese Grant Project to ascertain the accuracy,
completeness and reliability of the Project funds and of documents and
activities undertaken for the period June 1, 2014 to July 31, 2015. The audit
was conducted based on a request from the Minister of Foreign Affairs, His Excellency
Hon. Augustine Kpehe Ngafuan as a result of allegation of suspected fraud in
the management of the funds of the Project. <o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">1.2<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">This report
contains our findings and recommendations, based on the audit conducted of the
project funds and evidence gathered. Based
on the audit of documents and records of the Project, we gathered the following
findings:<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 42.55pt; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -24.55pt;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">1.2.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Department has no project accountant to periodically monitor, review and
institute internal control over the Project funds;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 42.55pt; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -24.55pt;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">1.2.2<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">No
bank reconciliations of the two Project Accounts kept at Afriland Bank;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 42.55pt; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -24.55pt;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">1.2.3<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">There
was no segregation of duties of the financial activities of the Project; all
the financial activities were conducted by a single individual, the Project
Manager;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 42.55pt; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -24.55pt;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt; mso-fareast-font-family: "Times New Roman";">1.2.4<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">Signature specimen
obtained from the bank indicates that the Project Manager and the former Deputy
Minister for Economic Cooperation empowered themselves with exclusive rights to
withdraw funds from the accounts with a single signature requirement; this
action set the basis of a potential fraud.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 42.55pt; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -24.55pt;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt; mso-fareast-font-family: "Times New Roman";">1.2.5<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Based
on our audit and review of documents provided by the Department of IECI and
Afriland Bank, we observed that transactions valued at <b>LD$</b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">19,079,815.00</span></b><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">, </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">its equivalent in<b> US$ </b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">227,140.65 </span></b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">at the exchange
rate of 84<b>, </b></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">represents
net fraud amount during the period, as there were no supporting documents to
validate the transactions.</span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt; mso-fareast-font-family: "Times New Roman";">1.2.6<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;"> Afriland First Bank did not exercise due
diligence in protecting the Project Accounts kept with it.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt; mso-fareast-font-family: "Times New Roman";">1.3<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">It is our hope the above
control weaknesses will be resolved as soon as possible to protect the funds of
the IECI Project. <o:p></o:p></span></div>
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<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 115%;">Sincerely yours,<o:p></o:p></span></div>
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<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">Joseph Ballah<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-bidi-font-size: 11.0pt;">Director of Internal Audit<o:p></o:p></span></div>
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<br /></div>
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<br /></div>
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<br /></div>
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<br /></div>
<div class="MsoListParagraphCxSpFirst" style="line-height: 150%; margin-bottom: 3.0pt; margin-left: .5in; margin-right: 0in; margin-top: 12.0pt; mso-add-space: auto; mso-list: l0 level1 lfo2; mso-outline-level: 2; page-break-after: avoid; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">2.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><b><span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">Background</span></b><span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;"><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; mso-fareast-font-family: "Times New Roman";">2.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">In
June 2014, The Japanese Government provided a grant valued at US$
731,422.00(Seven Hundred and Thirty one thousand, four hundred and twenty two
United States Dollars), it equivalent in LD$ 61,439,448 to fund a project
titled: “Institutional and Human Resource Support for Efficient Operation” of
the Department of International Economic Cooperation and Integration (IECI) in
response to the bilateral consultations between the Governments of Liberia and
Japan in 2008. The Japanese Government provided the fund to build the capacity
of staff of the Department of International Economic Cooperation and
Integration (IECI). </span><span style="font-family: "Times New Roman",serif;"><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; mso-fareast-font-family: "Times New Roman";">2.2<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project was managed by a team comprising of the Deputy Minister for International
Economic Cooperation and Integration and a Project Manager. The Project team
had no monitoring and supervisory oversight body to periodically review its
activities.</span><span style="font-family: "Times New Roman",serif;"><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; mso-fareast-font-family: "Times New Roman";">2.3<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">A
50% transfer valued at LR$ 33,316,422.00 (US$ 365,711.00) was approved and
transferred from GOL consolidated account to the IECI Project’s account at the
Afriland First Bank on 23<sup>rd</sup> June 2014. The project’s bank statement
showed that as of December 31, 2014, LD$23, 128,587.00 with it equivalent in US$
275,340.32, had been spent, while the account balance showed LD$ 10,345,510.00
(US$123,160.83). Further, as of May 2015, the account showed a balance of
LD$1,644,771.00, it equivalent in US$ 19,580.61 and by early June 2015, the
account was in overdraft</span><span style="font-family: "Times New Roman",serif;">
of L$1,703.00<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; mso-fareast-font-family: "Times New Roman";">2.4<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">An
account was established at the Afriland First Bank for the Monitoring and
Evaluation (M & E) of the International Economic Cooperation and
Integration Japanese project in the amount of LR$7,229,328.00, its equivalent
in US$86,063.42 to help in the supervision of the project. </span><span style="font-family: "Times New Roman",serif;"><o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><b><i><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">3.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-style: normal; font-weight: normal; line-height: normal;">
</span></span></i></b><!--[endif]--><span dir="LTR"></span><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">Objectives
<i><o:p></o:p></i></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">3.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">The objectives of the audit were to provide reasonable
assurance and ascertain the following:<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">3.1.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Obtain an
understanding of the GOL-IECI Project;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">3.1.2<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Ascertain the
extent of the fraud and misappropriation of fund;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">3.1.3<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Assess and
evaluate the effectiveness and efficiency of internal control over the project
funds and of the information and records of the Project;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">3.1.4<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Ascertain the
accuracy, completeness and reliability of documents and records of disbursements;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">3.1.5<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Ascertain whether
all transactions were authorized and approved by the appropriate persons; and<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">3.1.6<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Identify all
individuals responsible, negligent and or associated with the fraud.<o:p></o:p></span></div>
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<br /></div>
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<br /></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">4.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal; line-height: normal;"> </span></span></b><!--[endif]--><span dir="LTR"></span><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%;">Scope <o:p></o:p></span></b></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">4.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">This IECI audit
covers the period June 2014 to July 2015 and applies to the management and
disbursement of funds from the IECI project’s accounts at the Afriland First
Bank (LIB.). The audit also covers all documents and records of the Project
activities and of control weaknesses in the system leading to fraud and misapplication
of Project fund.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">4.2<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">We conducted the
audit in accordance with the International Standards for the Professional
Practice of Internal Auditing as issued by The Institute of Internal Auditors.
These Standards require that we plan and perform our audit to obtain sufficient
and appropriate evidence as a basis of our conclusion and recommendations. <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">4.3<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">We also applied
such other audit procedures as we determine were necessary to gather sufficient
and appropriate evidence for our conclusion and recommendations. <o:p></o:p></span></div>
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<br /></div>
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<!--[if !supportLists]--><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">5.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal; line-height: normal;"> </span></span></b><!--[endif]--><span dir="LTR"></span><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">Methodology<o:p></o:p></span></b></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">5.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">We designed and
performed a number of procedures to achieve our audit objectives. These
procedures included interviews with individuals who are signatories to the Project
Account, some staff of the Department of International Economic Cooperation and
Integration, and some key staff of the Afriland Bank. We performed the
following procedures:<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">5.1.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Developed and
executed a detailed audit program;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">5.1.2<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Conducted
interview with interested parties and discussed the objectives of the audit;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: 8.0pt; margin-left: .75in; margin-right: 0in; margin-top: 0in; mso-add-space: auto; mso-list: l0 level3 lfo2; text-align: justify; text-indent: -.5in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">5.1.3<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Examined various
documents and records to ascertain the level of misappropriation of Project
fund;<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">5.1.4<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Tested compliance
with applicable laws and regulations to determine compliance with internal
control measures;<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">5.1.5<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;"> Reviewed
and recomputed all financial documents obtained from the auditees;</span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">5.1.6<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Performed analytical review of supporting documents
provided by both IECI Project and the Afriland First Bank;<o:p></o:p></span></div>
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<br /></div>
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<br /></div>
<div class="MsoListParagraph" style="line-height: 150%; mso-list: l0 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">6.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal; line-height: normal;">
</span></span></b><!--[endif]--><span dir="LTR"></span><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">Findings <o:p></o:p></span></b></div>
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<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Condition 1<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Only Single Signature was
required to withdraw from the Project Account<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
audit revealed that signature specimens prepared to effect withdrawal from the
Project accounts at the Afriland First Bank indicates that two of the
signatories, in persons of Deputy Minister Elias Shoniyin and Project Manager, Augustine
Nyanplu had the exclusive power to singly approve cheques for encashment. Deputy
Minister Elias Shoniyin informed the auditors that he was not aware of any of
the signatories possessing exclusive rights to approve checks singly, as this
was never the intent of the Project. However, documents in the position of the
auditors showed that Minister Shoniyin was fully aware of the exclusive power
of single signatory right to withdraw from the Project Account. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">First signatory arrangement <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">During
the process of our investigation, we observed that the GOL-IECI project A/C #
0000108854-01-70 was initially opened with the three (3) signatories affixing
their signature as evidence on the signature specimen. The three (3)
signatories were Mr. Elias B. Shoniyin, with the power A+A, Mr. Augustine
Nyanplu, B+B and Mrs. Elizabeth Johnson Sirleaf as C+A or C+B. See Appendix <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">This
action indicated that the both signatories in persons of Mr. Elias B. Shoniyin and
Mr. Augustine Nyanplu could withdraw from the project account without the
knowledge of signatory C. Therefore, the absolute or overriding power granted
to Mr. Elias B. Shoniyin and Mr. Augustine Nyanplu created the basis for a
potential fraud. Also, this created doubt or suspicion about the management of
the project fund as well as the account. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Second signatory arrangement</span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;"> <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
second signatory specimen card arrangement came about as the result of the
appointment of Mr. Thomas Kaydor as Deputy Minister for International Economic Cooperation
& Integration and Dr. Wede Elliot Brownell as Deputy Minister for
Administration, Ministry of Foreign Affairs. Mr. Thomas Kaydor replaced Mr. Elias
B. Shoniyin and Dr. Brownell replaced Mrs. Elizabeth Johnson Sirleaf. The arrangement
was structured as follow. See Appendix<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: 8.0pt; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Mr. Thomas Kaydor-
A+B, B+C<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Dr. Wede Elliot Brownell
B+A, B+C<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: 8.0pt; mso-add-space: auto; mso-list: l1 level1 lfo3; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Mr. Augustine
Nyanplu C+A, C+B, <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Under
this arrangement, no individual signatory could effect withdrawal without the involvement
of another signatory to the account. Prior to the submission of the signatory
specimen to the Afriland First Bank for effective action, Mr. Nyanplu who was
serving as the project manager, with the powers C+A and C+B, altered the
specimen card with C+C without the knowledge of other signatory to the account.
See Appendix <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">This
action on the part of Mr. Nyanplu served as a recipe for continuation of the fraud.
Also, the Afriland First Bank did not perform due professional care by
contacting the two other signatories to the account (Mr. Thomas Kaydor and Dr.
Wede Elliot Brownell) to authenticate the additional option of C+C. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Furthermore,
documented evidence provided to us showed that miss Comfort Y. Mohn a staffer
at the Afriland Bank deposited on two separate occasions on behalf of Mr.
Augustine Nyanplu. It is yet to be established on whether or not it’s part of
normal banking practice to deposit a certain amount in the name of a customer.
According to the profolio manager, Mr. Steven Tokpa who indicated that issue of
such situation occurs wherein customer will give money to the staffer to be
deposited in the customer account bearing the name of the staffer as the
depositor. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">This
action provides a potential risk for fraud.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;"> <b>Criteria:<o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
COSO Integrated Internal Control Framework requires adequate segregation of
duties such as multiple signature combination to bank accounts to ensure that
no single individual has access to cash and bank without appropriate check and
balances. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cause:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
main reason for the lack of adequate segregation of duties and of the single
authorising power was the poor structuring of the Project Management Team. The
Project had no accountant to perform periodic reconciliation of the Project
Account.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Consequence:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
use of single authorising and signing power of cheques of the Project funds has
led to fraud and misappropriation of the Project fund in the amount of
L$19,079,815.00, in USD equivalent $227,140,65 at the exchange rate of 84. Please
see appendix. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Corrective action:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project Manager, Mr Augustine Y. Nyanplu and the Deputy Minister for
International Economic Cooperation and Integration, Hon. B. Elias Shoniyin
should account for the funds misappropriated from the Project Account. This
should be done within one month after the issuance of this report. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpLast" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Condition 2:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Lack of due professional
care on the part of Afriland Bank to ensure client moneys are adequately
protected<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">We
observed that Afriland Bank did not exercise due professional care in
conducting the affairs of the Project accounts under its supervision by its
deliberate failure to refer to authorities of the Foreign Ministry for clarity
on critical issues relating to withdrawals and administration of the Project
Accounts. On June 24, 2014, Afriland First Bank effected an overdraft in the
amount of LD$1,631,500.00, in USD equivalent $19,422.62
at the exchange rate of 84, without documented authorisation from the
Ministry of Foreign Affairs. The Bank, represented by its Chief Executive
Officer (CEO), Mr. Amadu O. Bayo in response to auditors regarding the
overdraft, explained that the transaction was not an overdraft, but a discount
against the deposit made earlier. Table below shows detail of the transactions:<o:p></o:p></span></div>
<div align="center">
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr>
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.5pt;" valign="top" width="71">
<div align="center" class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: center;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Date<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 107.05pt;" valign="top" width="143">
<div align="center" class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: center;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Payee<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 71.0pt;" valign="top" width="95">
<div align="center" class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: center;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">CHK.NO.<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 73.8pt;" valign="top" width="98">
<div align="center" class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: center;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Amt in LRD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 56.2pt;" valign="top" width="75">
<div align="center" class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: center;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Amt
in USD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.3pt;" valign="top" width="138">
<div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: center;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Signed by:</span></b><span style="font-family: "Times New Roman",serif;"><o:p></o:p></span></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.5pt;" valign="top" width="71">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">23/06/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 107.05pt;" valign="top" width="143">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Augustine Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 71.0pt;" valign="top" width="95">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">0000083369<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 73.8pt;" valign="top" width="98">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">430,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 56.2pt;" valign="top" width="75">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">5,119.05<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.3pt;" valign="top" width="138">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif;">Augustine Nyanplu<o:p></o:p></span></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.5pt;" valign="top" width="71">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">24/06/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 107.05pt;" valign="top" width="143">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Sold Cur. In A/C No.
417530<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 71.0pt;" valign="top" width="95">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 73.8pt;" valign="top" width="98">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">184,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 56.2pt;" valign="top" width="75">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">2,190.48<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.3pt;" valign="top" width="138">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif;">Augustine Nyanplu<o:p></o:p></span></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.5pt;" valign="top" width="71">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">24/06/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 107.05pt;" valign="top" width="143">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Augustine Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 71.0pt;" valign="top" width="95">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">0000083371<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 73.8pt;" valign="top" width="98">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">1,017,500.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 56.2pt;" valign="top" width="75">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">12,113.10<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.3pt;" valign="top" width="138">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif;">Augustine Nyanplu<o:p></o:p></span></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.5pt;" valign="top" width="71">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 107.05pt;" valign="top" width="143">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Total<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 71.0pt;" valign="top" width="95">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 73.8pt;" valign="top" width="98">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">1,631,500.00<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 56.2pt;" valign="top" width="75">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">19,422.62<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.3pt;" valign="top" width="138">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
</tr>
</tbody></table>
</div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Secondly,
in the establishment of the second signatory specimen, it was noticed that Mr.
Augustine Nyanplu made alterations on his portion of the card with a C+C power,
giving him exclusive right to singly withdraw from the project account. The
bank however did not apply any effort in contacting other signatories of the
account to ascertain the reliability of the document. The fact that the lowest
signatory to the account, Mr. Nyanplu had been given the single right to
withdraw unilaterally and neither signatories A or B had such right, should
have raised eyebrows. Nevertheless, the bank ignored such and continued to do
business with a single individual. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Criteria:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Basel
Bank Supervision Procedure and CBL regulation require banks to ensure proper
protection of depositors funds by ensuring adequate internal controls in a
process called “know your client” and such other measures that will ensure that
depositor funds are safe and protected against fraud. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cause:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
reason for the execution of the above transactions is the Bank’s deliberate
failure to exercise due professional care regarding the Project Account. The Bank
did not also exercise due professional care by accepting single authorising
signature on a major entity’s account kept with it. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Consequence:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Due
to the Bank’s failure to exercise due professional care, the Project Manager
fraudulently withdrew funds from the Project Account that would not have been
paid had the Bank taken due care. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Corrective action:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Bank should account for all funds fraudulently withdrawn as a result of its
failure to exercise due professional care. This should be done within one week
after the issuance of this report. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Condition 3:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Breach of the PFM Act and
Regulations by the Project Management Team<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">We
observed that the Project Management Team of the IECI Japanese Project breached
the Public Finance Management Law by authorising disbursements and paying
cheques during the period June 2014- June 2015 without Internal Audit Bureau
involvement to perform compliance review of all such disbursements. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Criteria:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Section
38 Subsection 1C) of the Public Finance
Management Act requires that Internal
Audit Unit evaluate the adequacy of management checks and balances and controls
in the financial management practices within the institution. Accordingly,
Internal Audit Bureau performs compliance reviews of all disbursements of the
Ministry of Foreign Affairs. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cause:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
lack of compliance review was due to deliberate attempt by the Project Manager
to circumvent the PFM Laws; it was also due to the poor set up of the Project
financial management systems and lack of appropriate oversight by the
responsible authorities. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Consequence:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">As
a result of the lack of compliance review, most of the fraudulent payments that
could have been flagged and or prevented by the Internal Audit Bureau
intervention could not be prevented. <b> <o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Corrective action:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project Management Team should be properly structured and appropriate Project
financial management systems should be set up to ensure that all disbursements
are properly reviewed, authorised and approved by the responsible authorities.
This should be done immediately after the issuance of this report. <o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Condition 4:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Misappropriation of Project Funds <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Based
on our audit and review of documents provided by the Department of IECI and Afriland
Bank, we observed that transactions valued at <b>L$</b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">19,079,815.00</span></b><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">, </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">its equivalent in<b> US$ </b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">227,140.65 </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">represent questionable
transactions during the period as there were no supporting documents to
validate the transactions. The audit also revealed that IECI Project Manager, Mr.
Augustine Nyanplu, who was primarily in
control of all the Project financial activities, on numerous occasions, singly signed
cheques to himself and withdrew funds from the Project Account without the involvement
of other signatories.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Criteria:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project fund was intended for institutional and human resource support for
efficient operation of the Department of International Economic Cooperation and
Integration. All disbursements other than those for the earmarked purpose are
questionable. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cause:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project Manager was able to sign cheques and withdraw funds from the Project
Account due to the lack of appropriate controls and oversight by responsible
authorities; it is also due to the poor financial management systems over the
Project fund. In addition, the Bank did not exercise due professional care to
verify with the Ministry of Foreign Affairs those cheques that were continually
signed by and paid to the same individuals. <b> <o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Consequence:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">This
represents huge financial loss to the Government of Liberia of funds that are
critically needed for institutional and human resource development. Please see
appendix. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Corrective action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project Manager should primarily account for the amount of <b>L$</b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">19,079,815.00</span></b><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">, </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">its equivalent in<b> US$ </b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">227,140.65 </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">which represents
questionable transactions executed by him alone. This should be done
immediately after the issuance of this report. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Condition 5:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Contact numbers presented
to the Bank were those of only two signatories <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">We
observed that the only mobile numbers provided the Bank to make calls and confirm
all payment requests were those of Deputy Minister Elias Shoniyin (0886521604)
and Mr. Augustine Y. Nyanplu (0886589332). Other signatories to the Account
were left out of the loop. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<a href="https://www.blogger.com/null" name="_GoBack"></a><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Criteria:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">A
major internal control by banks is to call account holders or otherwise
signatories to an account to confirm cheques written on such account. This will
authenticate and or validate any cheque written on the account. <o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cause:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project Manager deliberately submitted numbers that he felt could confirm
cheques fraudulently drawn on the Project Account.<o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Consequence:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
lack of the contact number of other signatories to the Project Account at the
Bank contributed to the fraud perpetrated by the Project Manager.<o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Corrective action:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
contact numbers of all signatories to the Project Account should be submitted
to the Bank, whether Afriland or any other commercial banks. This should be
done immediately after the issuance of this report. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Condition 6:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Deputy Minister singly signed cheques<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 8.0pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
audit team visited the offices of Minister Elias Shoniyin on 5<sup>th</sup>
August 2015 to conduct an interview regarding the activities of the
GOL-Japasese Project Accounts. The Minister was asked as to whether he could
recollect at any point in time, affixing his signature, singly to any cheque
belonging to the Project. The Minister responded, indicating that all cheques
signed by him were co-signed by Assistant Minister Elizabeth Johnson Sirleaf.
However, processed cheques obtained from Afriland First Bank indicate that the
Minister Shoniyin singly signed cheques bearing the name of Mr. Monie Hooke
Momolu and other individuals as shown in the table below:<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpFirst" style="text-align: justify;">
<br /></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; margin-left: .5in; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-table-layout-alt: fixed; mso-yfti-tbllook: 1184; width: 594px;">
<tbody>
<tr>
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Date<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Payee<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Chk.no.<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Amt in LD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Amt in USD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Signed by:</span></b><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">22/08/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Monie Hooke Momolu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">00127916<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">260,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">3,095.24<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 40.9pt; mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 40.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">20/01/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 40.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Bees Affordable Car Rental/ Marcus Juah<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 40.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">00168708<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 40.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">76,500.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 40.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
910.71<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 40.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">11/11/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Augustine Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">00163886<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">43,500.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
517.86<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 35.95pt; mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 35.95pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">14/01/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 35.95pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Sky Tech, Int’l<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 35.95pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00168705<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 35.95pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">52,615.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 35.95pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
626.37<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 35.95pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">20/03/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Mattar Trading Co.<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00173999<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">42,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
500.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">13/01/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">J. mart<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00168703<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">121,800.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">1,450.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">12/03/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Mattar Trading Co.<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00173998<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">12,600.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
150.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">22/08/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Monie Hooke Momolu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00127914<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">80,910.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
963.21<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">22/08/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Monie Hooke Momolu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00127915<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">18,600.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
221.43<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">19/01/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Monie Hooke Momolu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00168707<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">15,725.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
187.20<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">23/02/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">CHK. Remit No. 00173986<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00173966<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">11,200.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
133.33<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">23/02/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Chk. Remit No. 00173985<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00173985<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">50,040.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
595.71<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">16/12/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">CHK. R emit. No.00165284<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">00165284<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">22,600.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">
269.05<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Elias
Shoniyin</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 53.75pt;" valign="top" width="72">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 113.65pt;" valign="top" width="152">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Total<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.8pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.2pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">808,090.00<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">9,620.12<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 93.75pt;" valign="top" width="125">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
</tr>
</tbody></table>
<div class="MsoListParagraph">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Criteria:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
COSO Integrated Internal Control Framework requires adequate segregation of
duties such as multiple signature combination to bank accounts to ensure that
no single individual has access to cash and bank without appropriate check and
balances. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cause:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
main reason for the lack of adequate segregation of duties and of the single
authorising power was the poor structuring of the Project Management Team. The
Project had no accountant to perform periodic reconciliation of the Project
Account.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Consequence:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
use of single authorising and signing power of cheques of the Project funds could
lead to fraud as it has led to fraud and misappropriation of the Project fund
in the amount L$</span><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">19,079,815.00</span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">,
its equivalent in US$ </span><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">227,140.65<b> </b></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;"> . Please see
appendix. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Corrective action:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
Project Management Team should ensure that there are signatory combinations to
authorise and approve cheques on the Project Account. This should be done
immediately after the issuance of this report. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Condition 7: <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cheque in the cheque stub
marked voided was cashed by Mr Monie H. Momolu<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">During our analytical review
of cheque stub received from Afriland Bank, we observed that cheque stub marked
voided was cashed by Mr Monie H. Momolu. The value of the cheque was
L$170,000.00. When contacted by Internal Auditors, Mr Momolu denied that he had
any knowledge of the transaction. Internal Audit obtained documents bearing the
passport and signature of Mr Momolu as a proof that he cashed the cheque. Mr
Momolu further issued a memo to Internal Audit stating that he is not aware of
this transaction. See Appendix<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Criteria:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Best
practice is that cheques marked voided should not be cashed or honored by
banks. Such cheques should be safeguarded from an unauthorised access. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cause:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">This
was a deliberate act by the issuer, Mr Augustine Nyanplu to defraud the
Ministry of Foreign Affairs.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Consequence:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
act of cashing cheques whose stub is marked voided is a breach of internal
control and fraudulent done purposefully to commit fraud. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Corrective action:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Mr
Monie H. Momolu should account for L$170,000.00 which was an amount in cheque
issued in his name and cashed. This should be done immediately after the
issuance of this report. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo2; text-indent: -.25in;">
<!--[if !supportLists]--><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">7.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; font-weight: normal; line-height: normal;">
</span></span></b><!--[endif]--><span dir="LTR"></span><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Conclusion
and Recommendations<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">7.1<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">The
objective of this audit was to ascertain the accuracy, completeness and
reliability of the Project funds and of documents and activities undertaken for
the period June 1, 2014 to July 31, 2015. The audit was also intended to quantify
the amount of funds misappropriated by the Project Management Team as a result
of breach of internal controls.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level2 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">7.2<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Based
on our audit and review of documents and records, the Project Manager, Mr.
Augustine Nyanplu, who was primarily in control of all the Project financial activities,
on numerous occasions, singly signed cheques to himself and withdrew funds from
the Project account in the amount of <b>L$</b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">19,079,815.00</span></b><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">, </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">its equivalent in<b> US$ </b></span><b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">227,140.65 </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">without the involvement
of other signatories. These transactions had no supporting documents to
substantiate and validate his claims to the disbursements to himself. <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level2 lfo2; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">7.3<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">We
recommend that going forward; Internal Audit continues to perform compliance
review of all disbursements from the Project Account as was initiated since
July 2015. <b><o:p></o:p></b></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-list: l0 level1 lfo2; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">8.<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span dir="LTR"></span><b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Appendix: </span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;"><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Cheques
Signed by Mr. Augustine Nyanplu and paid to himself without any supporting
documents and records to substantiate the disbursements</span></b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;"><o:p></o:p></span></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; margin-left: .5in; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-table-layout-alt: fixed; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="height: 12.9pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Date<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Payee<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">CHK.
NO.<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Amt
in LRD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Amt
in USD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif;">Signed
by:<o:p></o:p></span></b></div>
</td>
</tr>
<tr style="height: 15.15pt; mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 15.15pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">14/07/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 15.15pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 15.15pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00127909<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 15.15pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 950,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 15.15pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">11,309.52<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 15.15pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><span style="font-family: "Times New Roman",serif;"><o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">19/09/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00155648<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 560,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 6,666.67<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">25/09/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00155630<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">4,550,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">54,166.67<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 13.35pt; mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 13.35pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">01/11/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.35pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.35pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00155643<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.35pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">
860,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.35pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">10,238.10<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.35pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 5;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">17/11/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00155644<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">4,450,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">52,976.19<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 6;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">16/12/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00155646<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">
810,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 9,642.86<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 2.2pt; mso-yfti-irow: 7;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 2.2pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">08/09/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 2.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 2.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00155649<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 2.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">
900,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 2.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">10,714.29<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 2.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 14.25pt; mso-yfti-irow: 8;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">12/01/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00165324<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">
620,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 7,380.95<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 13.75pt; mso-yfti-irow: 9;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 13.75pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">18/05/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.75pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.75pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00130982<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.75pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">
300,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.75pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 3,571.43<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 13.75pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 14.25pt; mso-yfti-irow: 10;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">15/06/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00130993<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">
45,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 535.71<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 14.25pt; mso-yfti-irow: 11;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">21/07/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00127715<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">960,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 11,428.57<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr style="height: 14.25pt; mso-yfti-irow: 12;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">07/05/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00165301<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">125,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 1,488.10<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 14.25pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">13/03/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00117090<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">600,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 7,142.86<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">24/04/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00130978<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">125,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 1,488.10<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">30/04/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00165298<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">125,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 1,488.10<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">06/04/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00117094<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">250,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 2,976.19<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">23/06/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">000083369<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">430,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 5,119.05<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">24/06/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Sell cur.<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">184,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 2,190.48<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">24/06/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">0000083371<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">1,017,500.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 12,113.10<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">25/08/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">CHK.
Remit No. 00127913<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00127913<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">950,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">11,309.52<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">26/06/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">Augustine
Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00130927<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">175,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;"> 2,083.33<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraph" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">04/08/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 12.0pt;">Augustine Nyanplu</span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00127911<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">585,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif;"> 6,964.29<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraph" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">25/08/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 12.0pt;">Augustine Nyanplu</span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00127913<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">950,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif;">11,309.52<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraph" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">04/03/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 12.0pt;">Augustine Nyanplu</span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00060197<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">420,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif;"> 5,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraph" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">04/08/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 12.0pt;">Augustine Nyanplu</span><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;"><o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">00127701<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto;">
<span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">585,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif;"> 6,964.29<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Augustine Nyanplu</span><o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraph" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.9pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 67.5pt;" valign="top" width="90">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<b><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; mso-bidi-font-size: 11.0pt;">Total <o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.0in;" valign="top" width="96">
<div class="MsoListParagraphCxSpFirst" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">21,526,500.00<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 58.5pt;" valign="top" width="78">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 10.0pt; line-height: 115%; mso-bidi-font-size: 12.0pt;">256,267.86<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 1.25in;" valign="top" width="120">
<div class="MsoNormal" style="margin-bottom: 0.0001pt;">
<br /></div>
</td>
</tr>
</tbody></table>
<div class="MsoListParagraphCxSpFirst" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Personal deposit effected by Mr.
Nyanplu to increase the account balance.<o:p></o:p></span></b></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; margin-left: 36.3pt; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-table-layout-alt: fixed; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="height: 12.9pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Date<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Depositor<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">CHK.
NO.<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Amt
in LRD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin-bottom: .0001pt; margin: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">Amt
in USD<o:p></o:p></span></b></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">16/12/14<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Comfort
Y. Mohn<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 157,775.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 1,878.27<o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">29/05/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Comfort
Y. Mohn<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 440,070.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 5,238.93<o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">29/05/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Pur.
Curr. No. 602972<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">1,170,120.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 13,930.00<o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">8/06/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Imm.
Trf. Same No. 00005969<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 10,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 119.05<o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 5;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">23/06/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Pur.
Curr No. 616473<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">616473<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 142,800.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 1,700.00<o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 6;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">29/07/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Rev.Chq.
from clear No. 00178667<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">00178667<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 325,920.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 3,880.00<o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 7;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">01/06/15<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">IMM.
TRF Same cu No. 00005911 O/GOL<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 200,000.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 2,380.95<o:p></o:p></span></div>
</td>
</tr>
<tr style="height: 12.9pt; mso-yfti-irow: 8; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 54.6pt;" valign="top" width="73">
<div class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 2.0in;" valign="top" width="192">
<div align="center" class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: center;">
<b><span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">Total<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">2,446,685.00<o:p></o:p></span></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 12.9pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 81.0pt;" valign="top" width="108">
<div class="MsoListParagraphCxSpLast" style="margin: 0in 0in 0.0001pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
29,127.20<o:p></o:p></span></b></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; text-indent: .5in;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify; text-indent: .5in;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; line-height: 115%;">Summary
of Net fraud amount <o:p></o:p></span></b></div>
<br />
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; margin-left: 36.9pt; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr>
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">No.<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 148.5pt;" valign="top" width="198">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Description <o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 119.7pt;" valign="top" width="160">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Amount in LRD<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 109.8pt;" valign="top" width="146">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Amount in US<o:p></o:p></span></b></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">1<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 148.5pt;" valign="top" width="198">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Withdrawal
made by Augustine Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 119.7pt;" valign="top" width="160">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
21,526,500.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 109.8pt;" valign="top" width="146">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
256,267.86<o:p></o:p></span></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">2<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 148.5pt;" valign="top" width="198">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Deposit
made by Augustine Nyanplu<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 119.7pt;" valign="top" width="160">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
2,446,685.00<o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 109.8pt;" valign="top" width="146">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;"> 29,127.20<o:p></o:p></span></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 148.5pt;" valign="top" width="198">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 12.0pt;">Net Fraudulent
amount <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 119.7pt;" valign="top" width="160">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
<b>19,079,815.00<o:p></o:p></b></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 109.8pt;" valign="top" width="146">
<div class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify;">
<span style="font-family: "Times New Roman",serif; mso-bidi-font-size: 12.0pt;">
<b>227,140.65<o:p></o:p></b></span></div>
</td>
</tr>
</tbody></table>
</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com1tag:blogger.com,1999:blog-4005651308993601999.post-71077187192300285592015-09-05T18:24:00.001-07:002015-09-05T18:24:17.245-07:00Development, Governance and Public Policy: Our fight against corruption continues.........<a href="http://tomkaydor.blogspot.com/2015/08/our-fight-against-corruption-continues.html?spref=bl">Development, Governance and Public Policy: Our fight against corruption continues.........</a>: Comrades and partners in progress: We like to thank President Ellen Johnson Sirleaf for the time we have served her Administration, and ...Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-18928684492341139732015-09-01T12:16:00.000-07:002015-09-01T12:16:38.229-07:00Kaydor's Letter to President Sirleaf<div dir="ltr" style="text-align: left;" trbidi="on">
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<br /></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Cooper
Farm, Rehab Community<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Paynesville
City<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Republic
of Liberia<o:p></o:p></span></div>
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<br /></div>
<div class="MsoNoSpacing">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">25
August 2015<o:p></o:p></span></div>
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<br /></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Madam
Ellen Johnson Sirleaf<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">President<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Executive
Mansion<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Republic of Liberia<o:p></o:p></span></div>
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<br /></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam
President:<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I
most respectfully present my compliments and wish to acknowledge receipt of
your communication, dated 21 August 2015, informing that <b>I have been relieved of the position of Deputy Minister for
International Cooperation and Economic Integration </b>at the Ministry of
Foreign Affairs. Your communication informs that I should remain in country and
fully participate in the ongoing investigation by the Ministry of Justice regarding
the misuse of Japanese grant project funds, and that I should turn over to the
Ministry all Government properties in my possession. <o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Your
Excellency, <b>I like to thank you for the
time afforded me to serve your government and our great Country in the
positions of Assistant Minister for Africa, Asia and the Pacific, and Deputy
Foreign Minister for International Cooperation and Economic Integration.</b> Let
me inform that I am in Liberia and have already met with the Justice Minister
to provide documentations about my role in the management of the Japanese funded
project at the Ministry. I did turn over all Government property to the
Ministry today, Tuesday, 25 August 2015.<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
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<b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I met the Minister of Justice on
Saturday, 22 August 2015, based on his request for me to avail myself for some
discussion on the project management. During that meeting, I explained all that
I know about the projects at the Ministry, and I presented all relevant
documents regarding the projects and the funds.</span></b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">
I presented the project document and budget, the internal audit report, and the
detailed bank statements presented to the Ministry. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I also presented a fraudulent letter
through which Mr. Augustine Nyanplu, Project Manager and Senior Desk Officer
recruited by my predecessor, sought to get an overdraft from the bank in an
attempt to cover up the depletion of the funds from the project account. Mr.
Nyanplu, in a treacherous and sinister letter, dated 9 April 2015, just one day
after I assumed full responsibility over the project, forged my signature, but
fortunately for me he missed it by using a different signature under my name
and title. </span></b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I have attached all relevant documents
conveyed to the Justice Ministry for your kind perusal and record. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">In
retrospect, Madam President, prior to the end of my tenure at the Ministry, I
thought I would have had a chance to meet Your Excellency to brief you about
what I know of the Japanese funded project and the fraud that is being
investigated. However, since I did not have that opportunity, I wish to provide
you the below summary. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Your
Excellency, you nominated me on 2 December 2014 after I had completed my second
post graduate degree in Development Policy at the Australian National
University. I returned to Liberia on 21 December 2014, got confirmed by the
Senate on 19 March 2015, and subsequently appointed by you on the same date. <b>I
officially took over the capacity building project on 8 April 2015 after the
bank received the change of signatures to the account as requested by my
predecessor on 6 April 2015.</b> An
internal audit was conducted for the period June 2014 to December 2014 on the
project before I assumed oversight responsibility. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">The
audit report was presented to Minister Ngafuan and my predecessor, Mr. Shoniyin
with copies to me and other Senior Managers in early April 2015. The report shows
that there were very serious violations of both the procurement and financial
management laws of Liberia. Specifically, the audit report among other things
states the following:<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 115%; margin-bottom: 10.0pt; margin-left: .5in; margin-right: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;">‘The Department does not have established
policy on the selection of staff that should benefit from Top-up allowances,
scratch cards and gasoline;<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 115%; margin-bottom: 10.0pt; margin-left: .5in; margin-right: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;">There is no evidence to indicate monthly
withholding on allowances; aggregate allowances paid exceeded the approved
budget for the period June to December 2014; <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 115%; margin-bottom: 10.0pt; margin-left: .5in; margin-right: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;">Procurement of the project's vehicle
valued US$ 49,000.00 did not go through an approved procurement method;
moreover, the payment check was written in the name of Augustine Nyanplu,
Senior Desk Officer (IECI); <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 115%; margin-bottom: 10.0pt; margin-left: .5in; margin-right: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;">The required PPCC procurement methods were
not met for most of the transactions carried out by the department;<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 115%; margin-bottom: 10.0pt; margin-left: .5in; margin-right: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;">Transactions were not routed through the
main financial system; they were not routed through Internal Audit Bureau for
vetting, and procurements are solely initiated and completed by the Department
without the intervention of the financial bureau of the Ministry of Foreign
Affairs;<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 115%; margin-bottom: 10.0pt; margin-left: .5in; margin-right: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;">We also noticed alterations on financial
documents; while there were some payments made that were not supported by
receipts or invoices; <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 115%; margin-bottom: 10.0pt; margin-left: .5in; margin-right: 0in; margin-top: 0in; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 14.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 115%;">There is no register for fixed assets;
moreover, assets are not coded for identification’. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Despite
the serious violations of the procurement and financial management laws of
Liberia as contained in the Ministry’s Internal Audit Report, no punitive
actions were taken against those responsible for misappropriating the project
fund. The Minister, for reasons yet to
be explained, chose not to avail the audit’s findings to Your Excellency. He
equally failed to take action against those responsible for misusing the
project fund. As then Deputy Minister, I could not have unilaterally presented
the report to your office, for such act would have contravened the rules of
reporting to your esteemed office. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">It
is important to note that while I was representing the Government in New York
in May 2015, my Special Assistant, Mr. Monie Momolu, informed me that the internal
audit report appeared in the media, and that Deputy Minister Elias Babatonde
Shoniyin had accused me of being the one who leaked the audit report to the
press. Since then, the audit report became a matter of public debate around
Monrovia and elsewhere. What is worth noting is that the audit report was
issued in the Ministry and shared with various officials at the Ministry by the Internal Audit Bureau, meaning the report was not a classified document and I was not the
only official who received a copy of the report. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNoSpacing" style="line-height: 150%; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam President, you may come to
discover that in order to prevent fraud, abuse, waste and theft, we took series
of actions to address the control weaknesses identified as a result of the
internal audit conducted on the first year implementation of the Project at the
Ministry.</span></b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"> First, we insisted and ensured that the Deputy
Minister for Administration became a signatory to the project account because
it was not our statutory mandate to manage funds at the Ministry. This was
important because it was my expectation that the Department of Administration
would ensure due diligence since my work was such a very busy one. Second, we
developed a policy guide on the project management, implementation and
reporting, instituted direct bank deposit of staff compensation under the project,
and created logs for staff attendance record system. <o:p></o:p></span></div>
<div class="MsoNoSpacing" style="line-height: 150%; text-align: justify;">
<br /></div>
<div class="MsoNoSpacing" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Third,
we opted to pay all taxes on staff personal income under the project to the
Liberia Revenue Authority because during the first year of implementation, all
those who received income from the project did not pay income tax to Government
from April 2014 to March 2015. <b>A check
to pay the tax arrears and current tax deductions to Government was with the
Internal Audit Bureau at the time we discovered that the requisite funds in the
bank had long disappeared before my assumption of duty over the Department. The
check for the taxes is currently with the Internal Audit Bureau at the Ministry.
<o:p></o:p></b></span></div>
<div class="MsoNoSpacing" style="line-height: 150%; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Fourth,
during my tenure at the Department (8 April 2015 to 21 August 2015), the
Ministry’s procurement unit conducted all procurement processes in line with
the PCC and the PFM laws. All procurement was done through the Procurement Unit
at the Ministry, and all payments were reviewed, cleared and endorsed by the
Internal Audit Bureau prior to concluding transactions. Fifth, we cooperated
with the Department of Administration on the coding of all assets for the
project at the Ministry, except that we could not code the project vehicle due
to Deputy Minister Shoniyin’s refusal to turn it over and have it labeled and coded.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">The
project vehicle is still in the possession of Mr. Shoniyin despite calls by the
Ministry of Commerce that all project assets should be used for project
implementation purposes, and marked with Japanese and Liberian insignias. It
can be recalled that Mr. Shoniyin refused to allow the Japanese Ambassador use
the project vehicle bought out of Japanese grant during one of the Ambassador’s
visits. The vehicle rented for the Ambassador broke down thus bringing a big
shame and disgrace to the Ministry, Government and Country. Notably, the Ministry of Commerce and
Industry raised issue about said vehicle during the meeting with Your
Excellency on Monday, 10 August 2015 when matters regarding the full
implementation of all Japanese grant projects were discussed with ministries
implementing said projects. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Last,
we r</span><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman"; mso-fareast-theme-font: minor-fareast;">enovated
and fully equipped the Ministry of Foreign Affairs Resource Center. About 100
staff of the Ministry have signed up for the impending basic and advanced
computer literacy programmes. The Center would also be used to carry out
internal training in writing, research and documentation, and further address
various capacity gaps of staff at the Ministry.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman"; mso-fareast-theme-font: minor-fareast;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman"; mso-fareast-theme-font: minor-fareast;">It </span></b><b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">is
important to inform you, Madam President, that the fraud being investigated took
place prior to my advent at the Ministry. The fraud was uncovered due to the
stringent anti-fraud measures we instituted in addition to the ones stated
supra.</span></b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"> Although the internal auditors did not detect the
fraud during the audit as they relied on bank statements provided them by my
predecessor and the Project Manager appointed by him, we got to know that the
accounts were depleted when payments vetted through the Procurement Unit and
the Internal Audit Bureau, and approved for vendors during the period May 2015
to July 2015 could not be completed due to insufficient funds in the project
account. Based on the official bank statement obtained from the Afriland Bank,
the funds were virtually depleted before I took over the project. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">The
bank statement also reveals various anomalies. For instance, over $1.6 million
Liberian Dollars got withdrawn from the account prior to the initial deposit of
the project funds. Also there were several intermittent deposits into the
project account when the funds got depleted at several intervals. How could
deposits be made into a project account as though the managers were operating a
personal account? What were the sources of funds deposited into the project
account when indeed only the single deposit of the first half of approved
project funds remained the singular funding source? <b>Many other questions about the operation of the project account remain
unanswered; hence the need for a more robust investigation so as to uncover
what I consider a ‘criminal syndicate’.</b><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><b><br /></b></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Your
Excellency, please permit me to throw light on the question of ‘leaking’ the
fraud documents to the public as alleged by Deputy Minister Shoniyin during his
14 August 2015 press conference. On Friday, 21 August 2015, the Minister of
Foreign Affairs and I met, and he informed me that he was extremely hurt by a
story published in the Democrat newspaper in which he was accused of being part
of a fraud regarding the Japanese capacity building grant at the Ministry
specifically under the Department of International Cooperation. Minister
Ngafuan also informed that ‘you were angry about the widespread negative
publicity of the fraud in the media especially where your photograph had appeared
in the media’. He intimated that ‘it was likely that Your Excellency would take
some action on this especially against me as it was perceived that I had leaked
the information’. He then urged me to use whatever ‘strong connections’ I had
to provide Your Excellency full insight about my role in this premise.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I
did not meet Your Excellency as advised by Hon. Ngafuan up to the time you
relieved me of the post. Interestingly also, I do not have any ‘strong
connections’ that could have averted any decision Your Excellency would take. In
fact your letter is dated the same day; hence, not much could have been done
about this. My conviction was that the Minister, as head of the Ministry, is
fully armed with all relevant information about the fraud, and could have
provided you an informed and comprehensive picture in this regard.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam
President, for the record, it is the Ministry that officially published the
fraud information on its website on 7 August 2015, informing the public that
Mr. Augustine Nyanplu, the Project Manager recruited by my predecessor, was on
the run after it was discovered that funds which should have been in the
project account were depleted. The press release, amongst others, calls for the
arrest of Mr. Nyanplu. When this event unfolded, I was on an official trip in
New York where I led the Liberian Delegation to the Intergovernmental
Negotiations on the Post-2015 Development Agenda. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Your Excellency, the expected amounts
in the project accounts are estimated at $124,706. US (for the capacity
building project), and $53,400. US for the Monitoring and Evaluation project
fund.</span></b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"> After a comprehensive bank statement has been
received from the Afriland Bank based on official request, it turned out that
the capacity building project account is in negative with a deficit of about
$18 thousand US. The M&E account only has less than $150. US. All the two
projects accounts are run in Liberian dollars. As a result of this fraud, the
three staff (two in the Minister’s Office and one for the Japanese Projects
Monitoring and Evaluation) recruited under the projects cannot be paid. Indeed,
this situation is so embarrassing; hence those responsible for such fraud must
be held to account.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Once
again, for the record, I have no involvement with the leakage of any official
information about the fraud. It was my former work colleague, Mr. Elias Babatonde
Shoniyin, who held a press conference on 14 August 2015 during which he accused
me of ‘being the one who had leaked information about the fraud’. He also
displayed copy of a Liberian Dollar check valued at about $3,000. US and
accused me of ‘double dipping’.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I
wish to inform and clarify that the check in question was issued me to
pre-finance my trips to Addis Ababa and New York from 11 July 2015 to 5 August
2015. The check was issued because my Daily Subsistent Allowance (DSA) could
not be processed and paid prior to my departure for both trips that were back
to back. I paid said check to the order of Mr. Augustine Nyanplu who promised
to send the funds to me in Addis Ababa. Up to date, the check has never been
liquidated, and I cannot confirm where it is since Mr. Nyanplu is at large.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I
wish to further clarify that the intent of pre-financing my trip was not meant
to fraud or cheat Government. I made this very clear to Minister Ngafuan. My
intention (as indicated in the Memo for the request) was to repay the funds
after my DSA would have been processed. This was expedient because the delay of
DSA should not undermine the effective and efficacious representation of the
Republic of Liberia.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam
President, while in Addis Ababa, I intimated to some official colleagues from
the Ministry of Finance and Development Planning, and the Central Bank about the
embarrassment I was going through due to lack of funds wile in Exile on an
official trip. On several of my official trips, I had to use my ATM card to pay
accommodation, transport and feeding bills just to ensure that Government was
adequately represented. It is so sad that as we made patriotic and nationalistic
efforts to represent our great country, others were busy projecting us as
‘unpatriotic agents’. However, our conscience remains our guide, and God
Almighty remains our ultimate judge. Our patriotism is reinforced by the
unfounded criticisms we get due to our commitment to serve our Mother Land.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam
President, permit me to chronicle few of the tough and hard times we faced
during our service. As I write, <b>some of
my outstanding DSA, dating back to June 2015 for approved official trips is
still outstanding as am repeatedly told it is being processed by the Ministry
of Finance. </b>We more often than not represented Government using our
personal funds, and returned home before chasing after our DSA at the Ministry
of Finance and Development Planning. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<b><i><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">For
the record, I personally had to repair an old vehicle at the Ministry to commute
from home to office. Up to date, the Ministry is yet to reimburse the funds I
spent on the repair of the official vehicle despite its prior approval for me
to proceed as such. I can recall using my private vehicle most times for
official functions. </span></i></b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">These and many other things are some
of the tough and hard experiences we have had, and selfless sacrifices we have made
as a Government Official. However, we are grateful to God that we played our
role for Liberia so dearly and did with the highest level of integrity,
sincerity and commitment. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Your
Excellency, in an attempt to defend my character and integrity, I officially
wrote Hon. Minister Ngafuan to allow me hold a press conference to clarify
issues about my role in the project management just as my colleague was given
the chance to hold a press conference, but my request was denied. <b>I therefore kept quite in order to preserve
the pristine image and integrity of the Ministry, the Government and the State.
</b>Prior to this, I requested a Senior Management Meeting that would discuss
issues about the mismanagement of the project funds in an open and frank manner.
This request was also denied. Despite these, I kept quiet and worked diligently
for the Ministry and Government. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">I
made these efforts because I have built my reputation over the years. <b><i>I am
a very strong advocate for societal transformation and change. I am opposed to
injustice, oppression and suppression of the weak and the poor. I believe that
all humans are equal and should be treated as such. I believe that corruption
is an enemy of societal progress, and am therefore convinced that each dollar
stolen from Government or the private sector makes one Liberian poorer. I will continue
to uphold the highest level of integrity humanly possible. My parents taught me
how to work hard and earn an honest living. This value I will keep for the rest
of my life. <o:p></o:p></i></b></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><b><i><br /></i></b></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam
President, <b>I love Liberia. I will
therefore do nothing to undermine the country’s development progress. I will
forever remain committed to the development and growth of Liberia.</b> I am
overly grateful for the opportunity provided me by the Government and people of
the Republic of Liberia to serve first as Assistant Minister for Africa, Asia
and the Pacific, and later as the Deputy Foreign Minister for International
Cooperation and Economic Integration. We did a lot, we achieve a lot, we
learned a lot, and we look forward to serving our great country in other
meaningful ways we can for the rest of our life. I like to thank Your
Excellency for allowing me an opportunity to contribute to the rebuilding and
development of Liberia under your astute leadership. You are a great leader;
hence I remain your admirer.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam
President, kindly permit me to reflect a bit on our fight against corruption in
Liberia. I am strongly convinced that the various anti-graft and
anti-corruption institutions and measures put in place under your leadership are
meant to curb and alleviate fraud, waste and abuse of public and private resources.
I therefore find it very troubling that some public officials would be offended
by the appearance of fraud and audit reports in the public. I think all public
officials need to be transparent, accountable and open in their official dealings,
and where necessary, private life as well. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">The
Freedom of Information Law passed under Your Excellency’s aegis demands that
public officials must provide information to the public where and when
necessary. The Whistle Blower Act also demands that patriotic Liberians must
provide information about corruption and fraud when such acts occur in public
and private institutions. Such patriotic personalities (whistle blowers) must
be fully protected. I therefore like to use this medium to urge all public
officials offended by the disclosure of corrupt deals to divert their attention
to preventing waste, abuse and fraud so that our domestic resource base and
fiscal space would be wider. This will allow Government substantively invest in
economic growth sectors to spur development and reduce the widespread poverty
in the country.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Madam
President, let me once again thank you for the time you have provided me to
serve Liberia, especially by permitting me to lead the country’s delegation at
the various rounds of Intergovernmental Negotiations on the Post-2015 Development
Agenda. I strongly believe that the Sustainable Development Goals (SDGs) that
will be signed by Heads of State and Government at the impending UN Summit in
September 2015 will propel inclusive and pro-poor growth and development in
Liberia over the next 15 years. It is my ardent hope that Liberia will
domesticate the SDGs sooner than later to achieve the best results by 2030. May
God continue to bless Liberia. Liberia First!<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Finally,
at Your Excellency’s convenience, I would wish to be given an opportunity to
physically present further details of the summary narrative provided herein. Please
accept, Your Excellency, the renewed assurances of my highest consideration and
esteem.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt; line-height: 150%;">Respectfully
yours,<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Thomas
Kaydor, Jr.<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Former Deputy
Foreign Minister for International<o:p></o:p></span></b></div>
<div class="MsoNoSpacing">
<b><span style="font-family: "Times New Roman",serif; font-size: 14.0pt;">Cooperation and
Economic Integration<o:p></o:p></span></b></div>
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<br /></div>
<div class="MsoNoSpacing">
<br /></div>
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<br /></div>
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<div class="MsoNormal" style="line-height: 150%;">
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</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com1tag:blogger.com,1999:blog-4005651308993601999.post-32489626638233056912015-08-24T18:14:00.000-07:002015-08-24T18:14:47.281-07:00Our fight against corruption continues.........<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="background-color: white; color: #141823; font-family: helvetica, arial, sans-serif; font-size: 14px; line-height: 19.3199996948242px; margin-bottom: 6px;">
Comrades and partners in progress:</div>
<div style="background-color: white; color: #141823; font-family: helvetica, arial, sans-serif; font-size: 14px; line-height: 19.3199996948242px; margin-bottom: 6px; margin-top: 6px;">
We like to thank President Ellen Johnson Sirleaf for the time we have served her Administration, and the Liberian people. We first served as an Assistant Minister for Africa, Asia and the Pacific for two years, and later as Deputy Minister for International Cooperation and Economic Integration for half year. We are also grateful to have been Liberia’s lead Negotiator and Head of Delegation at the Intergovernmental Negotiations on the Post-2<span class="text_exposed_show" style="display: inline;">015 Development Agenda at the United Nations in New York-a task we have expeditiously executed in collaboration with others especially at Liberia’s Mission at the United Nations. This Post-2015 Global Development Agenda (the Sustainable Development Goals) will replace the Millennium Development Goals (MDGs), and guide the world’s poverty reduction and development processes for the next fifteen years up to 2030.</span></div>
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<div style="margin-bottom: 6px;">
That we have been removed from the Post of Deputy Foreign Minister for International Cooperation and Economic Integration today does not stop our commitment to Liberia’s socio-political and economic progress. We remain ever grateful to our family, comrades, the people of Liberia and the general public to all of whom we owe the greatest responsibility. We will forever remain committed to the economic growth and development of Liberia by supporting pro-poor growth policies intended to reduce and or alleviate poverty in our great country yea the region and the world. We will remain unbending in our fight against corruption in any shape, form and color.</div>
<div style="margin-bottom: 6px; margin-top: 6px;">
Meanwhile, we will hold a major press conference in the next few days to fully explain circumstances surrounding our alleged crime for the removal from office “the leakage of official public document on fraud and corruption at the Foreign Ministry to the Press”. Now that we are no longer held hostage by the Code of Conduct for Public Officials, we will attempt to provide substantive and systematic evidence on how corruption of donor and local resources continue to impede Liberia’s poverty reduction, economic growth and development. We will first focus on the Japanese grants and their abuse thereof as a case in point.</div>
<div style="margin-bottom: 6px; margin-top: 6px;">
<br /></div>
<div style="margin-bottom: 6px; margin-top: 6px;">
The Internal Audit Report that broke things apart..............</div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">1.0 Executive Summary<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The Internal Audit Bureau
performed an audit on the department of International Economic Cooperation and
Integration (IECI) Japanese grant project and the respective controls over execution,
payment, processing and recording. This audit was conducted in the third
quarter of FY2014/2015 and it gives an analysis of the project's financial and
operational activities during the period June 2014 - December 2014 and the
related control weaknesses identified during the course of the audit.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The following control
weaknesses have been identified as a result of our audit:<o:p></o:p></span></div>
<ul style="margin-top: 0in;" type="disc">
<li class="MsoNormal" style="mso-list: l0 level1 lfo3; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
Department does not have established policy on the selection of staff that
should benefit from Top-up allowances, scratch cards and gasoline. <o:p></o:p></span></li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo3; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">There
is no evidence to indicate monthly withholding on allowances; aggregate
allowances paid exceeded the approved budget for the period June to
December 2014. <o:p></o:p></span></li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo3; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Procurement
of the project's vehicle valued US$ 49,000.00 did not go through an
approved procurement method; moreover, the payment check was written in
the name of Augustine Nyanplu, Senior Desk Officer (IECI). <o:p></o:p></span></li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo3; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
required PPCC procurement methods were not met for most of the
transactions carried out by the department. <o:p></o:p></span></li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo3; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Transactions
were not routed through the main financial system; they were not routed
through Internal Audit Bureau for vetting, and procurements are solely
initiated and completed by the Department without the intervention of the
financial bureau of the Ministry of Foreign Affairs . <o:p></o:p></span></li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo3; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">We
also noticed alterations on financial documents; while there were some
payments made that were not supported by receipts or invoices. <o:p></o:p></span></li>
<li class="MsoNormal" style="mso-list: l0 level1 lfo3; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">There
is no register for fixed assets; moreover, assets are not coded for
identification. <o:p></o:p></span></li>
</ul>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The summaries highlighted
above are amongst the numerous weaknesses noted during the review process;
however, the details are indicated in the findings below. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">2.0 Background<o:p></o:p></span></b></div>
<div class="MsoNoSpacing" style="tab-stops: 99.0pt 307.25pt; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">In July 2014, the Japanese Government
provided a grant valued at US$ 731,422.00 (Seven hundred thirty one thousand
four hundred twenty two united states dollars) to fund a project titled
"Institutional and Human Resource Support for Efficient Operation of the
Department of International Economic Cooperation and Integration (IECI)".
In response to the bilateral consultations between the Governments of Liberia
and japan in 2008, the Japanese Government provided the fund for capacity
building of staff of the Department of International Economic Cooperation and
Integration (IECI)<o:p></o:p></span></div>
<div class="MsoNoSpacing" style="tab-stops: 99.0pt 307.25pt; text-align: justify;">
<span style="font-family: "Arial",sans-serif;"> <o:p></o:p></span></div>
<div class="MsoNoSpacing" style="tab-stops: 99.0pt 307.25pt; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">A 50% transfer valued at LR$33,474,197.00
(US$ 365,711.00) was requested, approved by the Minister and transferred from
GoL consolidated account to the Project's account at Afriland Bank. The project's bank statement showed that as of
January 7, 2015, LR$ 22,236,386.00 of the 50% has been spent, while the account
balance is LR$ 10,990,036.00.<o:p></o:p></span></div>
<div class="MsoNoSpacing" style="tab-stops: 99.0pt 307.25pt; text-align: justify;">
<br /></div>
<div class="MsoNoSpacing" style="tab-stops: 99.0pt 307.25pt; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Behind this backdrop, on January 7, 2015
Hon. B. Elias Shoniyin, Deputy Minister for Foreign Affairs who also served as
Deputy Minister for International Economic Cooperation and Integration
requested that the Internal Audit Bureau to commission an audit of the project.
He indicated that the review would serve a smooth transition to the new DMA for
IECI.<o:p></o:p></span></div>
<div class="MsoNoSpacing" style="tab-stops: 99.0pt 307.25pt; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">3.0 Objectives<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The objectives of this audit/
review process are outlined as follows:<o:p></o:p></span></div>
<ul style="margin-top: 0in;" type="disc">
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l2 level1 lfo1; tab-stops: list .5in left 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">To determine the
reliability and Integrity of Financial and Operational Information
provided by the IECI; <o:p></o:p></span></li>
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l2 level1 lfo1; tab-stops: list .5in left 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">To determine that
staff capacities were actually built as purposed by the donors;<o:p></o:p></span></li>
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l2 level1 lfo1; tab-stops: list .5in left 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Ascertain
compliance with Laws, Regulations, and Contracts during the partial
implementation of the Project; <o:p></o:p></span></li>
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l2 level1 lfo1; tab-stops: list .5in left 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Verify the
existence of assets procured and
operated by the project,<o:p></o:p></span></li>
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l2 level1 lfo1; tab-stops: list .5in left 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Authenticate the
effectiveness and Efficiency of Operations of the Project's
implementation; <o:p></o:p></span></li>
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l2 level1 lfo1; tab-stops: list .5in left 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Review staff
attendance and remuneration processes;<o:p></o:p></span></li>
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l2 level1 lfo1; tab-stops: list .5in left 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; text-align: justify;"><span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Ensure that all
spending are in line with Project's approved budget. <o:p></o:p></span></li>
</ul>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">4.0 Scope<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The IECI audit covers the
period June 2014 to December 2014; and applies to personnel related processes,
procurement, Finance and project assets
management. The audit also covers the identification of control
weaknesses and threat (if any) to the achievements of objectives of the project
in relation to the Ministry's deliverables.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">5.0 Methodology <o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">In the conduct of the
audit, there are number of procedures that were carried out by the Internal Audit
Bureau. These procedures include face-to-face discussions, review of key
documentations and testing the reliability of the financial statements provided.
Detailed procedures are listed below:<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-layout-grid-align: none; mso-list: l1 level1 lfo2; text-align: justify; text-autospace: none; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-family: "Arial",sans-serif; mso-bidi-font-weight: bold;">Developed an audit programme and distributed notice
to interested parties that stated the scope and objectives of the audit; <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-layout-grid-align: none; mso-list: l1 level1 lfo2; text-align: justify; text-autospace: none; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-family: "Arial",sans-serif; mso-bidi-font-weight: bold;">Conducted an entry meeting with auditee to introduce
audit staff and provide overview of audit work to be undertaken. <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-layout-grid-align: none; mso-list: l1 level1 lfo2; text-align: justify; text-autospace: none; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-family: "Arial",sans-serif; mso-bidi-font-weight: bold;">Examined available records to ascertain the level of
compliance with relevant applicable laws; <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-layout-grid-align: none; mso-list: l1 level1 lfo2; text-align: justify; text-autospace: none; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-family: "Arial",sans-serif; mso-bidi-font-weight: bold;">Tested control processes as enshrined in applicable
laws and regulations to determine control strength/weaknesses that exist;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-layout-grid-align: none; mso-list: l1 level1 lfo2; text-align: justify; text-autospace: none; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-family: "Arial",sans-serif; mso-bidi-font-weight: bold;">Conducted physical verification of the project's
assets;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-layout-grid-align: none; mso-list: l1 level1 lfo2; text-align: justify; text-autospace: none; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-family: "Arial",sans-serif; mso-bidi-font-weight: bold;">Reviewed available documents and collate findings;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-add-space: auto; mso-layout-grid-align: none; mso-list: l1 level1 lfo2; text-align: justify; text-autospace: none; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-family: "Arial",sans-serif; mso-bidi-font-weight: bold;">Summarize findings and prepare report. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">6.0 Findings <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">6.1 Procurement<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition
1: PPCC required procurement method was not adhered to for the following<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The PPCC procurement
requirement for purchase of goods with value US$ 10,000.00 and below was not adhered;
the three (3) quotes were not solicited to ensure Request for Quotation (RFQ).
See table below<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-table-layout-alt: fixed; mso-yfti-tbllook: 1184; width: 703px;">
<tbody>
<tr>
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="font-size: 11.0pt; line-height: 115%;">Transaction<o:p></o:p></span></b></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="font-size: 11.0pt; line-height: 115%;">Date <o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="font-size: 11.0pt; line-height: 115%;">Request<o:p></o:p></span></b></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="font-size: 11.0pt; line-height: 115%;">#<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
<b><span style="font-size: 11.0pt; line-height: 115%;">Description <o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
<b><span style="font-size: 11.0pt; line-height: 115%;">Cheque # <o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-size: 11.0pt; line-height: 115%;">Amount<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-size: 11.0pt; line-height: 115%;">LR$<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
<b><span style="font-size: 11.0pt; line-height: 115%;">Rate<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-size: 11.0pt; line-height: 115%;">USD Equivalent<o:p></o:p></span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
<b><span style="font-size: 11.0pt; line-height: 115%;">Comment<o:p></o:p></span></b></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 9, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
<div align="center" class="MsoNormal" style="text-align: center;">
62<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to DITCO for two (5X8ft) Liberian flags and two
flag poles<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland chq. # 00163898<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
33,060.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<o:p></o:p></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
380.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 13, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
66<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment in favor of J-MART for one senior executive desk
and one Executive chair for Deputy Minister Office<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afri-land Chq. # 00168703<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
121,800.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<o:p></o:p></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
1,400.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quotes attached, no receipt. Delivery not verified by IAB <o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Sept. 5, 2014<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
10<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to Sky-Tech International (Lib.) INC for 1 desk
top computer, one 3" colour printer, 1 link, 1 USB hub, one pack RJ 45
connector and a box of Cat 6 cable for the Department<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00155625<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
110,490.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
1,270.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quote attached, only a single invoice seen. Cheque written in the name
of Augustine Nyanplu. Delivery not verified by IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
July 4, 2014<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
1<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment in favor of Prestige Motor Corporation for one
SUV, 2014 Ford Explorer XLT for the project<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00127904<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
4,581,500.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
93.5<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
49,000.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for competitive bid not adhere to,
cheque written in the name of Augustine Nyanplu, Delivery not verified by IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Sept. 16, 2014<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
12<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to NARESH
Brothers for 5 Dell laptop computer and 3 canon printers for the
Department<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00155628<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<o:p></o:p></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
526,350.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
6,050.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Oct. 13, 2014<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
19<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to Lion Stationery Store for four executive chairs
for the Department<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00155639<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
52,200.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
600.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Dec. 18, 2014<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
46<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to Metro Stationery Store for 1 HP desk jet
printer and 1 signature book for
Minister Shoniyin's office<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00168086<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
7,830.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
90.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 2, 2014<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
49<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to D&G Office Depot for 1 senior executive
desk with side table and a cabinet for the office of the Deputy Minister.<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00168089<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
95,700.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
1,100.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quote attached; a single
invoice seen, tax clearance certificate seen, Business Registration
certificate seen. Delivery not verified by IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 2, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
50<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment in favor of SKT-TECH International (Lib) INC for 1
HP Probook Laptop Computer for the Department<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00168090<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
111,795.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
1,285.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Three quotes attached, however, there are no tax
certificates, business registration certificates. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 2, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
53<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to DITCO for two Liberian flags for the office of
the Deputy Minister <o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00168094<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
26,100.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
300.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. One quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 3, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
51<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to D&G Office Depot for five (5) office desks
140 cm for the office of the Deputy Minister. <o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00168092<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
84, 825.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
87<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
975.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. One quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 8, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
<div align="center" class="MsoNormal" style="text-align: center;">
57<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to SKY-Tech International for 3 Laptop computers,
2 printers and 1 Modem for the Department<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00165047<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
270,640.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
85<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
3,184.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. One quote attached, a single invoice seen, tax and business registration
certificates seen. Delivery not verified by IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 9, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
61<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to Electronic World for 1 ice box and 1extension
cord for the use of the Department<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00163895<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
17,015.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
83<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
205.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. No quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
Jan. 9, 2015<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
63<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
Payment to SKY-TECH International (Lib) INC for 1 canon
photocopier, 1 Ink cartridge for photocopier, 1 set of ink cartridges for 3
in 1 printer and 1 extension cord for the Department. <o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
Afriland Chq. # 00163896<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
48,025.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
85<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
565.00<o:p></o:p></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
Procurement requirement for three quotes was not adhere
to. One quote attached, only a single invoice seen. Delivery not verified by
IAB<o:p></o:p></div>
</td>
</tr>
<tr>
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
<br /></div>
</td>
</tr>
<tr style="height: 29.2pt; mso-yfti-irow: 16; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 65.35pt;" valign="top" width="87">
<div align="center" class="MsoNormal" style="text-align: center;">
<b>Audited Bal<o:p></o:p></b></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 48.8pt;" valign="top" width="65">
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 84.75pt;" valign="top" width="113">
<div class="MsoNormal">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: .75in;" valign="top" width="72">
<div class="MsoNormal">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 76.5pt;" valign="top" width="102">
<div class="MsoNormal" style="text-align: justify;">
<o:p></o:p></div>
<div class="MsoNormal" style="text-align: justify;">
6,087,330.00
<span style="line-height: 115%;"><o:p></o:p></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 31.5pt;" valign="top" width="42">
<div class="MsoNormal">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 63.0pt;" valign="top" width="84">
<div class="MsoNormal" style="text-align: justify;">
66,404.00 <span style="line-height: 115%;"><o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; height: 29.2pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; width: 103.5pt;" valign="top" width="138">
<div class="MsoNormal">
<br /></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion
<o:p></o:p></span></b></div>
<div class="Default" style="text-align: justify;">
<span style="color: windowtext; font-family: "Arial",sans-serif; font-size: 11.0pt;">PPCA Section 53 provides that
the request for quotations method may be used for the procurement of goods,
works and services: <o:p></o:p></span></div>
<div class="Default" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">(a) When the procurement is
for readily available commercially standard goods, not specially manufactured
to the particular specifications of the Procuring Entity and the estimated
contract price does not exceed the applicable Threshold;<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Thresholds for the
requests for quotations shall be the following estimated contract prices. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Quotations:<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">In the case of
contracts for the procurement of goods, US$10,000<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">In the case of contract
for the procurement of services, US$10,000<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">In the case of contracts for
the procurement of works, US$30,000<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The Department of
International Economic Cooperation and Integration failed to apply due
diligence<b>.<o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Risk of transacting with
illegal business institutions, conflict of interest is eminent and value for
money may not be achieved.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Senior management of the
department should ensure that RFQ method is adhered for transaction meeting the
threshold.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Firstly,
with reference to paragraph 2 of the Background Section, Internal Audit states
that 50% of the fund disbursed totaled LRD 33,474,197.00. Management's records,
which is the official receipt from the Bank, states</span></b><b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";"> receipts of </span></b><b><span style="font-family: "Arial",sans-serif; line-height: 115%; mso-bidi-font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">33,316,422.00.</span></b><b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";"> This displays a LRD 157,775.00
difference/overstatement. Management requests immediate rectification of this
error.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">With
reference to Condition 1, from Management's perspective, at least 95% of
procurement made, had three quotations and due diligence was promptly applied
to every transaction. Moreover, most of said transaction checks were co-signed
by Assistant Minister Elizabeth Johnson Sirleaf who rigorously applied due process
before signing each check. There may have been an exception to few purchases
which were made from one or two quotations due to the urgent nature of some requests
from our superiors. Management will therefore reexamine all transaction
documents and make the necessary corrections where needed. <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">IAB's
Position<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">A
signed copy of the project's bank statement submitted to the audit team reveals
an initial deposit of Afriland Bank cheque # 00050433 valued at LR$
33,474,197.00. This amount represent's 50% of the project's amount received;
therefore, there is no error committed by Internal Audit as asserted by respondent. <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition
2: Purchase of vehicle did not go through competitive bidding process <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">On July 4, 2014, the
department of IECI procured one SUV 2014 Ford Explorer XLT valued US$ 49,000.00.
However, the transaction did not go through the competitive bid process.
Prestige Motor was solely selected with no approval from the PPCC. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion
<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Section 48 (1) of the PPCA
provides for National Open Competitive Bidding, which states that the Procuring
Entity shall employ national open competitive bidding procedures for
procurements in which the estimated contract price of the procurement does not
exceed the ceiling Threshold applicable to national open competitive bidding.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">The ceiling Thresholds
for national open competitive bidding shall be the following estimated<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">contract prices. Above
these ceilings, international open competitive bidding shall be used.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">In the case of
contracts for the procurement of goods, US$500,000<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">In the case of contracts
for the procurement of services, US$200,000<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">In the case of contracts for
the procurement of works, US$1,000,000<b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The Department of
International Economic Cooperation and Integration failed to apply due
diligence<b>.<o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Breach of section 48 (1) of
the PPCA as mentioned in the criteria above..<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Senior management of the
department should ensure that National Competitive Bidding (NCB)method is
adhered to for transactions meeting the threshold set by the PPCA.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
acknowledges that PPCC requirements were not strictly followed during the
procurement process of the Department's Project SUV. However, Deputy Minister
Elias Shoniyin has clarified, and Internal Audit can verify with him, that the
procurement of the SUV was handled as a matter of extreme urgency. Deputy
Minister Shoniyin's official vehicle at the time was completely down which
gravely impeded his official duties as a Deputy Minister. Subsequently, Mr.
Nyanplu was ordered to swiftly facilitate the purchase of a Project SUV. The
vehicle was initially on sale for US$60.000.00 but following Minister
Shoniyin's intervention, import duty and other taxes were instantly waived and
the SUV was bought for a mere US$49,000.000, a price which Internal Audit can
verify and will probably realize that it is the cheapest price for such type of
vehicle.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
Check was written in the name of Mr. Augustine Nyanplu because the vendor would
not accept payment in Liberian Dollars which is the currency of the entire project
fund. We initially attempted to bid for United States Dollars at Central Bank
but the process was long and tedious with no certainty that we would have won
the bid. Thus, Mr. Nyanplu was constrained, with the full acquiescence of
Minister Shoniyin, to purchase United States Dollars from a foreign exchange
bureau to make the purchase in a timely fashion.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
accepts responsibility for this procurement mishap but assures that there was
no conflict of interest, purchase was made from a legally established entity
with up-to-date tax clearances, business registration, etc., and full monetary
value was achieved while saving the project fund an unnecessary additional
expenditure of US$11,000.00.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">IAB's
Position<o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">The conduct of the
transaction remains a breach of the PPCA section 48(1) and Part B(subsection
B.28) of the PFM Regulations which provides that a payment shall be made only
to the person or persons named on the payment voucher or to their
representatives duly and legally authorized in writing to receive the payment.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition
3: Vendor's cheque written in employee's name <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">On July 4, 2014, the
department of IECI procured one SUV 2014 Ford Explorer XLT valued US$
49,000.00. However, the payment cheque was written in the name of Augustine
Nyanplu, Senior Desk officer (IECI) instead of Prestige Motor Company. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion
<o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Part B (Sub section
B.28) of the PFM Regulations provides that a payment shall be made only to the
person or persons named on the payment voucher or to their representatives duly
and legally authorized in writing to receive the payment.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Lack
of due diligence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Full amount disbursed may not
reach the vendor.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Going forward, Cheques should
be written in vendors' name<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Please
refer to Condition 2 response. Meanwhile, for your information, all subsequent
procurement checks, following this transaction, were written in vendor's name.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition
4: Lack of Tax Clearance and Business Registration certificates <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">We sampled fourteen (14) transactions
valued US$ 66,404.00 that were made for procurement of assets ranging from
laptops to vehicle. However, only two (2) of the fourteen (14) transaction
valued US$ 4,284.00 in favor of D&G Office Depot and SKY-Tech International
had tax clearance and business certificates attached. Kindly see the table in condition one (1)
above <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Best
practice demands Government institutions to do business only with vendors who
are tax compliant. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Lack
of due diligence on the part of the staff responsible for procurement
activities<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Risk of doing transacting with
illegal businesses<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The department should ensure
that vendors business should be duly registered and must have valid tax
certificates before doing business with them. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
will get business registration and taxes clearances from entities we have
procured with thus far and ensure that all subsequent transactions will have
tax clearances and business registration attached. Meanwhile, Management has
consulted with Procurement on numerous occasions to advise on which entity is
best to procure from. <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">IAB's Position<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
law provides for solicitation of quotes for the selection of vendor(s), not
after the procurement process is consummated. <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition
5: Transactions not verified by Internal
Audit Bureau<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The Internal Audit Bureau
(IAB) did not verify any of the procurement processes carried out by the
department (IECI). <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion
<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Section 6 of the Internal
Audit Strategy and Section A01 of the Internal Audit Agency Operating
procedures require internal auditors to verify delivery of goods and services by
a procuring entity. Also, best practice necessary to achieve value for money
requires that an independent party (internal audit) physically inspect and
authenticate goods procured and delivered prior to verification of payments for
such goods.<b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Failure
to adhere to statutory requirement<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Fictitious and erroneous
transactions could pass clear for payments or payments could be prepared for
goods and services that were not delivered to the entity.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Going
forward. Management should ensure that all transactions and deliveries be routed through Internal
audit for verification.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 330.0pt; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
will solicit Internal Audit advice while undertaking future transactions.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">IAB
Comment<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The involvement of Internal
audit will greatly support the achievement of the project's objective.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition 6: Procurement Bureau was not involved in the
project's procurements <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Except for laptop computers
purchase that was vetted by the Procurement Bureau, the rest of the Project's
procurements were exclusively independent of the procurement bureau <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Section 29 (5) of PPCA
provides that the functions of a Procurement Unit shall be carried out in
accordance with the Act and applicable regulations established by the
Commission, and shall include all procurement processes of the Government
institution.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Failure
to adhere to regulation<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Risk of breaching procurement
processes <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Procurement processes should
always be carried out by the Ministry's procurement unit.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 330.0pt; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
will deliberate on the issue and come up with an appropriate decision.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">IAB
Position<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Exclusion
of the Procurement section is a violation of section 29.5 of the PPCA and
should be rectified going forward. <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">6.2 Personnel <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition 1: No tax deduction on monthly allowances <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The project accountants are
not taxing supplementary allowances processed monthly. Moreover, there is no
documented evidence approved by both Japanese and Liberian Governments to grant
waiver on benefits relating to the project.
<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Section 200 (a) (1) of
Liberia Revenue Code states that an annual income tax is hereby imposed on the
annual taxable income of every natural person resident in Liberia (including
resident Liberian citizens employed by an embassy, a diplomatic mission, or
international organization).<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
payroll processors of the IECI failed to comply with the financial regulations
related to income tax. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Undermine
government of Liberia revenue generation capacity .<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Remittance
for outstanding period (June - December, 2014) should be made to GOL Revenue
account, and the exercise should be adhere to going forward.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
will ensure that tax deductions are made from monthly allowances and remitted
to the Liberia Revenue Authority<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition 2: Non-required exchange rate <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Project amount transferred to
the project's account was in Liberian dollars; checks for withdrawals are
issued in Liberian dollars, but allowances are quoted in United States dollars.
There is no basis for a rate of exchange when in-fact the grant was provided to
the project in Liberian dollars, while checks are also issued in Liberian
dollars. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Best
practice requires institutions to apply consistency in recording financial
transactions. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Lack
of consistency in reporting financial transaction<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Leads
to complicated financial records; and also ensures unwarranted exchange gains
and losses on transactions processed.<b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">With the maintenance of project account in Liberian
dollars, and the issuance checks for allowance in Liberian dollars, the
transactions should also be recorded and maintained in Liberian dollars.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
will ensure that subsequent transaction records will carry only Liberian Dollar
figures.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition 3: Staff included on the Top-Up payroll without
authorization<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">We
reviewed the payroll and observed that there was no evidence of authorization
for the inclusion of Baccus M. Carr, Tharam Z. Quaye, Alfred G. Sonnie, Johnnie
F. Fallah, Tommy Luogon and Titus J. Williams to the top-up payroll.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
Project's approved budget provides for an approved number of staff; any
additional name(s) should had request for approval by the Minister's. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Failure
to adhere to required approval procedures <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Unapproved
inclusion of staff could strain the budget and could also stall anticipated
deliverables<b>. <o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Each additional Staff inclusion
for top-up should first be requested and approved before inclusion to the
top-up payroll<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management does not fully
comprehend what Internal Audit means by "no evidence of authorization of
payments to Baccus M. Carr, Tharam Z. Quaye, Alfred G. Sonnie, Johnnie F.
Fallah, Tommy Luogon and Titus J. Williams." The mere fact that Minister Elias
Shoniyin signed the payroll including them, should suffice. For Ms. Tharam
Quaye, it was clearly stated that the payment was a one-time compensation since
she was being transferred from the Department. Internal Audit may verify with
Minister Shoniyin.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition 4: Lack of policy on scratch card and gasoline payments
<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Some
staffs who work in the office of the Deputy Minister (IECI) usually receive
scratch cards and gasoline; however, there is no policy in place for payments
of gasoline and scratch cards to said staff. No basis for the selection of
staff who are beneficiaries. . <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Best
practice requires an approved policy for scratch cards and gasoline benefits to
staff. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Failure
to establish policy and basis for distributing benefits to staff could
undermine the essence of the top-up. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Awarding
benefits without approved policy leads to the possibility of spending outside
the approved budget and benefits may be assigned to non-deserving staff, a
situation, that will defeat the top-up
project. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management should establish an
approved policy for the distribution of benefits. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
will subsequently establish a written policy in this regard on who should
benefit from scratch card and gasoline allowances. Meanwhile, this Project is
all about boosting capacity in the Department and rewarding hard-working staff
with more benefits while lazy staff will receive less benefits. Deputy Minister
Elias Shoniyin, in his capacity as overseer of the Project reserved the right
to make changes on monthly benefits based on performance reports submitted by
the Assistant Ministers of International Organization and International
Cooperation as well as based on his supervision of his office and the entire
Department. This should explain fluctuations and changes in monthly benefits
scheme</span></b><b><span style="font-family: "Arial",sans-serif;">.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition 5: Actual paid for top-up exceeded amount
approved by the Minister<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">For
the period September to December 2014, a variance of LR$ 240,400.00 was noted between the approved payroll and the actual
payment. The approved payroll valued LR$ 2,644,095.00, whereas the department
spent LR$ 2,884,495.00 for staff allowance. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
project's budget is a legal instrument that guides disbursement limit; any
spending in excess of the approved budget needs to meet the approval of the
Minister. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
variance is a result of the department's failure to adhere to the approved budget<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Spending
outside the budget could stall the achievement of the project's deliverables <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Processors should provide
reason(s) why they should not be held liable for spending the project's fund
outside the budget. Going forward, all payments arising outside the approved
budget should meet the approval of the Minister
or be restituted. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
will adhere to provisions stipulated in the approved budget. Meanwhile, all
transactions in this regard were approved by Deputy Minister Shoniyin. Internal
Audit can verify with Minister Shoniyin on this matter.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition 6: No evidence of staff attendance record<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
department did not provide the audit team with attendance record(s), which
should serve as a basis for performance appraisal. In this case, it became
difficult to establish the criteria used for determining allowances for top-up.
<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Chapter
5, Section 5.1.2 of the Civil Service Standing Orders provides that all
Government Ministries and Agencies should provide monthly attendance
report. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Cause<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
Department failed to adhere to required regulation (CSA Standing Orders)
regarding staff attendance.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
failure to maintain an attendance record makes it difficult to ascertain
whether staff with top-up actually deserve the respective monthly allocation. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective Action<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The Department ensure staffs
attendance record is put in place by the project and that payments of top-up
benefits are based on attendance and performance records.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Management will ensure the
establishment of a Project Attendance Record. Meanwhile, Internal Audit can
verify with the Bureau of Personnel, the attendance records covering the period
under review.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">6.3 Finance <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition
1: </span></b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Alterations/Changes
made on dates of receipts provided by recipients of gasoline and scratch card
covering the period under review. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The IECI provided documents
(receipts) that were tampered, dates of receipts were observed scratched. <b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion: <o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Part O (Sub Section
O.12-1) of the PFM Regulations states that no alterations shall be made to any
Government Agency receipts, licenses or other accountable documents.<o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequences/Risks: <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; font-family: Arial, sans-serif; font-size: 11pt; line-height: 115%;">Alteration of
financial documents presents a serious negative picture and create doubts as to
whether said transaction was actually executed by the department. </span><b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;"><o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Causes:
<o:p></o:p></span></b></div>
<div class="MsoNormal">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Lack of knowledge on procedures or processes in making
changes on official financial document.<b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective
Actions/Recommendations:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">In order to ensure an authenticate
and credible documentation as well as the avoidance of situations that may be
considered forgery, the department of IECI project must ensure all receipts and
other documents are free of alterations or changes. Additionally, in the
scenario where alterations/changes are to be made on said document, it is
advisable that the individual who instituted such change affix his/her
signature to claim responsibility in case of future reference. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
is not aware of any gasoline or scratch card receipt that was altered. Internal
Audit may want to shine some light on these tampered receipt as alleged. However,
it must be noted that Gasoline and Scratch Cards allowances have been given in
cash to relevant staff, which has become common policy. Management pledges to
subsequently procure Gas slips and Scratch Cards from certify vendors and
accordingly distribute to relevant staff as approved by the ICEI Deputy
Minister. <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Condition
2: </span></b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Payments
for Scratch cards valued LR$106,575 and Gasoline valued LR$ <b>213,150<i>
</i></b>were not supported by payment receipts or invoices. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The IECI department project on
numerous occasions didn't provide relevant source document (invoice, receipt)
to substantiate claims of payment/ disbursements for scratch cards and gasoline
valued LR$ 106,575.00 and LR$ 213,150.00 respectively. <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Criterion:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Part P (Section P.9-2)
of the PFM Regulations states that
payments, except for statutory transfers and debt service shall be supported by
invoices, bills and other documents in addition to the payment vouchers.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; tab-stops: 127.8pt; text-align: justify; text-autospace: none;">
<span style="font-family: "Helvetica",sans-serif; mso-bidi-font-size: 12.0pt;"> <o:p></o:p></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Consequence/Risks:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Lack of third-party documents
for payments creates a room for misappropriation. Accountability and transparency
of the process will be questioned. In said situation, there is an increasing
risk for the perpetration of fraud. <b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Causes: <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Lack of oversight
responsibilities by those charged with governance is responsible for said
action. <b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Corrective
Actions/Recommendations: <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Those charged with governance
at the IECI department's project must ensure that supporting documents are
attached and kept for all payments made.
<b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;"> <b>Management
Response<o:p></o:p></b></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
must note in this regard that Deputy Minister Shoniyin is the only recipient of
Gasoline and Scratch Card Allowance who never signed a receipt acknowledging
thus, for administrative reasons. This may probably explain the receipt gap.
Internal Audit may verify with him.<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpFirst" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Condition 3: Transactions are not routed
through the main financial system</span></b><span style="font-family: "Arial",sans-serif;"><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">The processing
of transactions of the IECI project did not route through the main financial
system of the Ministry of Foreign Affairs. Processing was done through separate
processing by the department of IECI outside the main stream financial
processing system.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Criterion:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">It is prudent
to route transactions through the main financial system because optimum value
for money will be obtained, transactions are properly tracked, approval levels will
be clearly documented and records are maintained at each level. <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;"><br />
<b>Consequence/Risks:<o:p></o:p></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Divergence
from approved procedures are likely to occurred and also errors/fraud may be perpetuated but
not detected on time, thereby leading to mismanagement of the project fund.<b><o:p></o:p></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Causes:<br />
</span></b><span style="font-family: "Arial",sans-serif;">The inability by the IECI
department to properly supervise financial operation processes which allows all
transactions to route through the central processing system. <b><o:p></o:p></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Corrective Measures/Recommendations:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">The IECI
Management should ensure that transactions are routed through MOFA financial
system.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoListParagraph" style="margin-left: 0in; mso-add-space: auto;">
<b><span style="font-family: "Arial",sans-serif;">Management
will take this recommendation into consideration during subsequent
transactions.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpFirst" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Condition 4: Inaccurate Financial Record
System<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">December 2014
salary checks with numbers (165035, 168083, 168085) paid to Susan Wannie Bou,
Manie H. Momolu and Alfred G. Sonnie valued LR$ 313,203.00, were noted on the
project's bank's statement, but could not be traced to the department's internal
cashbook. Similarly, checks numbers 168087 and 168088 valued LR$ 45,240.00 and
described as payments for vehicle rental were noted on the bank statement, but
could not be traced to the cashbook. <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Criterion:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Part P (Sub
section P.8 -1) of the PFM Regulations states that the date of payment of any
amount determines the date of the recording of the transaction in the accounts.
No payment shall be made before it is due, for the purpose of utilizing an
anticipated saving on a programme. This means that transactions are recorded
immediately as they are made. <b><o:p></o:p></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;"><br />
<b>Consequence/Risks:<o:p></o:p></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Failure to
internally record transaction(s) leads to inaccurate financial report; could
also be a basis for false payments.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Causes:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto;">
<span style="font-family: "Arial",sans-serif;">Lack of supervision from senior staffs
or supervisors of the department <br />
<!--[if !supportLineBreakNewLine]--><br />
<!--[endif]--><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Corrective Measures/Recommendations:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpLast" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">All payment/transactions
must be recorded on the cashbook immediately when a check is made. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">This
Condition was brought to Management's attention at least a week prior to the submission
of this draft audit report. This condition was clarified and regularized and it
turned out that Internal Audit was in error. Why is this matter still being
broadcasted?<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Internal
Audit is hereby requested to expunge this Condition from the report.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">IAB
Comment<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The
issue was not resolved; there were outstanding cheques with numbers (163860,
163876, 168051, 165010 and 168060) noticed in the cashbook but had not hit the
project's account. This issue alongside the point raised above was brought to
the attention of Mr. Augustine N. Nyanplu; and he provided voided copies of the
outstanding cheques, but did not resolve the issue of cheques posted to the
account without being recorded to the cashbooks. Therefore, IAB maintains that
the project's record system is inaccurate. <o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpFirst" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Condition 5: Irregular Transaction <o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">The Department
processed documents for the purchase of two (2) Samsung Galaxy Trend phones
valued US$ 320.00 to be used by Hon. Therry S. Genesis and Hon. Dehpue Y. Zuo.
We noticed that only one Samsung Galaxy Trend valued US$ 180.00 along with one
Nokia D500 valued US$ 18.00 was procured. However, there is no evidence that
the remaining US$ 162.00 was remitted to the project funds account.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpLast" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Criterion:<o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-layout-grid-align: none; text-align: justify; text-autospace: none;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt;">Section A.15 of the PFM
Regulations provides that the head of government agency must exercise all
reasonable care to prevent and detect unauthorized, irregular, fruitless and
wasteful expenditure, and must for this purpose implement clearly defined
business processes, identify risk associated with these processes and institute
effective internal control to mitigate these risks.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpFirst" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;"><br />
<b>Consequence/Risks:<o:p></o:p></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Possibility of
not obtaining value for money <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Causes:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto;">
<span style="font-family: "Arial",sans-serif;">Lack of adequate supervision to ensure
that transactions are rightfully done. <br />
<!--[if !supportLineBreakNewLine]--><br />
<!--[endif]--><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Corrective Measures/Recommendations:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpLast" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Senior
officers of the Department should ensure that goods or services procured are
actually delivered. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Two
Samsung Galaxy Phones were procured for Assistant Ministers Genesis and Zuo on
15 January 2015. Both Minster Zuo and Minister Genesis signed for the mobile
telephones on 15 January 2015. Management is eager to provide Internal Audit
with copy of the Acknowledgement of Receipt note signed by Minister Genesis and
advises that Internal Audit promptly confirms this with him. There was no
irregular transaction in this regard.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">IAB
Position <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">We
physically verified one Nokia D500 with Hon. Genesis and not a Samsung Galaxy
Trend as mentioned by Management. Up to the completion of this report, we did
not receive any Acknowledgement of receipt note signed by Minister Genesis for
Samsung Galaxy trend. <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; line-height: 115%; mso-bidi-font-size: 12.0pt;">6.4 Assets<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpFirst" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Condition 1: </span></b><span style="font-family: "Arial",sans-serif;">There is no Assets Register, and Fixed
assets are not coded<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">We reviewed
assets documents and conducted physical verification of said assets; however, the
department does not have an established register for said assets, and the
assets are not coded<b>.<o:p></o:p></b></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Criterion:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Part V of the
PFM Regulations provides for payment, custody, disposal and management of
public assets. <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Consequence/Risks:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Possibility of
assets going missing, abused or misappropriated. <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Causes:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">Failure to
establish basic laws and guidelines as it relates to assets management<br />
<!--[if !supportLineBreakNewLine]--><br />
<!--[endif]--><o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">Corrective Measures/Recommendations:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpLast" style="margin-left: 0in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Arial",sans-serif;">The department
should establish an asset register to
track and locate their assets and code the assets. Also, an asset movement log
be established to track movements of assets under the project. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
Response<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management
has established an Assets Register and looks forward to coding all project
fixed assets very soon.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Arial",sans-serif;">7.0 Conclusion <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">The absence of policies to
guide execution of basic activities of the IECI project is a major gap that
Management needs to remedy. Financial transactions are not routed through the
Ministry's major flow, and the PPCA and PFM laws are often disregarded or
violated. Additions to the Top-up roaster are not done with regards to
appraisal; there is no attendance log to validate staffs turnout on job. No set
criteria was made available by the IECI project for additional benefits
assigned to staff.<o:p></o:p></span></div>
<div style="margin-bottom: 6px; margin-top: 6px;">
</div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Arial",sans-serif; font-size: 11.0pt; line-height: 115%;">Management should seek proper
solution to the many issues including those highlighted in the findings; this
will help meet the project's objectives. <o:p></o:p></span></div>
<div style="margin-bottom: 6px; margin-top: 6px;">
<br /></div>
</div>
</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com17tag:blogger.com,1999:blog-4005651308993601999.post-15521487872441655872015-06-24T18:17:00.003-07:002015-06-24T18:20:29.628-07:00Leading Liberia...Doing our Part<div dir="ltr" style="text-align: left;" trbidi="on">
Representing Liberia is our passion. Liberia First!<br />
<br />
<br />
<a href="http://www.iisd.ca/post2015/in6/images/23jun/Liberia.jpg">http://www.iisd.ca/post2015/in6/images/23jun/Liberia.jpg</a><br />
<br />
<a href="http://www.iisd.ca/post2015/in5/images/19may/liberia.jpg">http://www.iisd.ca/post2015/in5/images/19may/liberia.jpg</a></div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com1tag:blogger.com,1999:blog-4005651308993601999.post-1308357535035850722015-06-23T14:49:00.003-07:002015-06-23T14:52:43.930-07:00Remarks at 6th round of Negotiations on the Post-2015 Development Agenda 23 June 2015<div dir="ltr" style="text-align: left;" trbidi="on">
<div align="center" class="MsoNoSpacing" style="line-height: 115%; text-align: center;">
<b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Brief Remarks on behalf of the
Liberian Delegation at the Sixth Round of <o:p></o:p></span></b></div>
<div align="center" class="MsoNoSpacing" style="line-height: 115%; text-align: center;">
<b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Intergovernmental Negotiations on
the Post-2015 Development Agenda<o:p></o:p></span></b></div>
<div align="center" class="MsoNoSpacing" style="line-height: 115%; text-align: center;">
<b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">United Nations Headquarters, New York<o:p></o:p></span></b><br />
<b style="line-height: 18.3999996185303px;"><span style="font-family: "Times New Roman","serif"; font-size: 14pt; line-height: 21.4666652679443px;">23 June 2015</span></b></div>
<div align="center" class="MsoNoSpacing" style="line-height: 115%; text-align: center;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Co-Facilitators:<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">The Liberian Delegation
likes to thank you for the zero draft outcome document on the Post-2015 Global
Development Agenda that was shared in a timely manner, and forms the basis of
our deliberations here. We also like to thank you for the able manner in which
you continue to conduct the affairs of these negotiations. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Our delegation aligns
itself with the positions expressed by the African Group, the LDCs, and the
Group of 77 plus China. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Kindly
permit us to make the following intervention in our national capacity.<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b><i><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">First,</span></i></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">
the Republic of Liberia believes that peace and security, transparency and
accountability, and strong, effective and efficient institutions are fundamental
ingredients to growth and development anywhere in the world. We therefore
request that these principles become the bedrock of the Sustainable Development
Goals. Support to developing countries should therefore focus on strengthening
peace and security, enhancing transparency and accountability, and building
effective and efficient institutions to lead national development processes. These
are strong principles in the Common African Position (CAP), and the Agenda for
Transformation (AfT)-Liberia’s Vision 2030.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><i><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Second,</span></i></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">
our delegation is convinced that to achieve inclusive and pro-poor growth and
development, the interest of children, youth and women must be strongly
considered, and they must be allowed to play a fundamental role in the
development process. We therefore suggest that the centrality of children, youth
and women must be clearly enunciated in the final outcome document of the SDGs.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><i><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Third,</span></i></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">
national legislatures or parliaments are very much important in allocating
national resources. The Liberian Delegation therefore likes to reinforce its
previous call for the empowerment of legislators or parliamentarians so that
they can play a robust leadership in the implementation of the SDGs. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><i><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Fourth,</span></i></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">
some African LDCs including Liberia, and developing countries in General, have
bountiful natural resources that, when managed well, can spur growth and
development. Developing countries therefore need to institute policies that
will restrict exploitation and export of raw materials from developing states to
developed countries. However, the most of the companies and investors that
exploit these resources come from Developed countries. We therefore request that
there should be a clear commitment on the part of developed countries to ensure
fair, transparent and equitable trade and investment policies between
developing countries and the powerful investors from developed countries. If
this is done, developing countries would maximize benefits from their resources
by adding value, boosting exports, creating jobs, accumulating wealth for their
citizens, and ultimately alleviate poverty and hunger. <b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><i><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Fifth,</span></i></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">
our delegation holds the conviction that developing countries must take their
own development seriously and invest in growth corridors such as education,
infrastructure, agriculture, and health among others.<b> </b>However, we are fully aware that Official Development Assistance (ODA)
remains a major source of development funding mainly for fragile and poor
states. ODA must therefore be provided based on the need of developing countries,
rather than the priorities of donor countries that more often than not set
preconditions that undermine the national interest of poor countries. Up to
date, some OECD member states have not met the commitment of 0.7% of their GNI
as a voluntary contribution to ODA. Liberia encourages all donor countries that
have not met this target to fulfill their commitment.<b><o:p></o:p></b></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><i><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Sixth,</span></i></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">
there is a positive correlation between limited energy and poverty on the one
hand, and poor infrastructure and poverty on the other; and that about ten
percent of Africans have access to energy, while about five percent of the hydro
power potential in Africa is being utilized. The Liberian Delegation therefore
recommends that concrete commitments should be made to increase access to clean
energy globally, fund infrastructural development and adequately invest in education
and agriculture. Additionally, evidence shows that Least Developed Countries
have 60 percent of the agricultural land globally. Hence investment in
agriculture in LDCs would increase food security and nutrition. With these
measures, we can substantively reduce poverty and hunger globally by 2030. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Seventh</span></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">,
the health of the people of any given country is important. Liberia has found
out from the Ebola Virus Disease experience that a country cannot make substantive
progress in attaining growth and development when its health sector is
undermined by pestilence or disease. We are convinced that healthy families
lead to healthy communities, and healthy communities lead to healthy states. We
therefore request that the issue of resilient health systems for families,
communities and states, and the significance of mental health should be clearly
captured and stated in the SDGs. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><i><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Last,</span></i></b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">
African states are more often than not compelled to provide tax breaks to investment
companies from developed countries. However, to increase domestic revenue and
adequately fund national development plans, developing countries need to
maximize taxes from their resources. Liberia therefore recommends that the
Addis Ababa conference on Financing for Development should commit to reduction
of tax breaks to the multinational and transnational investment companies from
developed countries. This would help increase developing countries’ domestic
revenues to fund national development programmes.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<br />
<div class="MsoNormal" style="text-align: justify;">
<b><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt; line-height: 115%;">Once
again, Co-Facilitators, the Liberian Delegation would like to thank you for
your leadership in these negotiations. We will continue to interject as a
delegation where and when necessary as the negotiations continue.<o:p></o:p></span></b></div>
</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com2tag:blogger.com,1999:blog-4005651308993601999.post-5963859575288831202015-06-09T16:03:00.002-07:002015-06-09T16:15:55.011-07:00TK Remarks @ African LDCs Meeting in Milan<div dir="ltr" style="text-align: left;" trbidi="on">
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<b><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB;">8 June 2015 / </span></b><b><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB;">By Tom Kaydor </span></b></div>
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<b><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB;">Introductory
remarks by Hon. Mr. Thomas S.B. Kaydor, Jr., Deputy Minister for International
Cooperation and Economic Integration, Ministry of Foreign Affairs, Liberia </span></b><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;"> <o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">At the <b>Ministerial Meeting of African Least Developed Countries on ‘Structural
Transformation, Graduation and the Post-2015 Development Agenda’</b> in Milan,
Italy.<o:p></o:p></span></div>
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<b><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB;">During SESSION 3: ‘Means
of Implementation’ in the context of the Post-2015 Development Agenda’ </span></b><i><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB;">Co-facilitated by Mr. Thomas S.B. Kaydor, Deputy
Minister for International Cooperation and Economic Integration, Ministry of
Foreign Affairs, Liberia and Mr. Wu Hongbo, Under-Secretary-General, UN-DESA<o:p></o:p></span></i></div>
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<span lang="EN-GB" style="font-size: 12.0pt; line-height: 150%; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">I call this meeting to order. <o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Hon´ble Ministers<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Excellencies <o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Ladies and Gentlemen,<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Let me start by thanking the Government of Italy and the Office of the High-Representative
for the Least Developed Countries for convening this meeting.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">I have the honour to co-chair this session with Mr. Wu Hongbo, Under-Secretary-General
of the United Nations Department of Economic and Social Affairs.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">I am pleased to co-chair this session in such a timely moment for all of
us. Ongoing discussions on a Post-2015 Development Agenda already indicate that
sustainable development will require substantial efforts on areas that go well
beyond the MDGs. The timely fulfilment of commitments already made as well as additional
resources will be of paramount importance to implement the Sustainable
Development Goals (SDGs) in the Least Developed Countries. <o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Official Development Assistance (ODA) remains the most important source
of public international development finance for all LDCs. Promoting structural
transformation of their economies and building productive capacities requires
resources that go beyond what is domestically available in the LDCs. Their
limited access to international financial markets further exacerbates their
difficulties in financing sustainable development. ODA and debt relief are critical to overcome
the finance gap faced by the LDCs. <o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Building capacity in the African LDCs for enhanced domestic resource
mobilization is also of great importance. Improving the ability of the public
administration in collecting taxes in a transparent, efficient and equitable
manner can bring many benefits, besides increasing the resource base to finance
sustainable development. Addressing illicit financial flows, transfer pricing
and other practices that erode the tax base of the African LDCs will also
require dedicated support from the multilateral system and development partners.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Leveraging additional finance from innovative sources can provide much
needed resources to implement sustainable development in the African LDCs. Mobilizing
private resources through blending instruments or public sector guarantees can
also help increase access to credit to public and private actors in the LDCs. These
instruments can reduce the risk associated to projects where there is not
sufficient available private finance. In an environment characterized by
constrained availability of resources, blending can be an effective tool in
sectors that have high social impact or that are critical to the development
strategy of the country. It is important, however, to carefully evaluate the
context in which blending finance can be effective.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Promoting an environment conducive to productive investment that reverts
into the productive fabric of the African LDCs and generate decent employment
will be critical for implementing the SDGs. The African LDCs have committed
themselves to continue strengthening national policies and regulatory
frameworks for stimulating foreign investment in production. Despite all these
efforts, the share of global FDI inflows in LDCs remains very low. The proposal
of establishing an international investment support centre would greatly improve
the ability of the LDCs to attract FDI.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">African LDCs participation in global trade is very small and in most
cases a few number of commodities represent an extraordinarily large share of
exports. Trade, however, can be a catalyser for productive capacity building. Enabling
African LDCs to improve their participation in global value chains and
diversifying the composition of their exports are necessary steps to harness
the potential of trade for poverty reduction and productive capacity building.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">Building productive capacity in African LDCs will necessarily entail
substantially strengthening the science, technology and innovation base of the
African LDCs. The ability to acquire new technologies and to developed
indigenous capacity on research and development must be greatly enhanced to
support structural transformation in the African LDCs. The establishment of the
Technology Bank and Science Technology and Innovation Mechanism for the LDCs
would be an important element in overcoming the science, technology and
innovation gaps in the LDCs, as mentioned by the Chair of the High-level panel
of experts this morning.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">I am extremely pleased to count today with such a distinguished panel. I
look forward to hear from them concrete proposals, initiatives and mechanisms
that could assist the African LDCs, their development partners and the
multilateral system in raising the adequate level of resources to finance
sustainable development, fosters structural transformation and promote the
building of productive capacities in the African LDCs.<o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">The specific questions that this session will address are:<o:p></o:p></span></div>
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</span></span><!--[endif]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">How can we bridge the
substantial finance gap required to foster structural transformation and
promote building of productive capacities in the LDCs? <o:p></o:p></span></div>
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</span></span><!--[endif]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">How can we ensure that ODA
goes where is most needed? Would a target share of ODA to LDCs help to reduce
their finance gap?<o:p></o:p></span></div>
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<!--[if !supportLists]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">-<span style="font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">What are the mechanisms
needed to facilitate leveraging additional development finance for the African LDCs?
What would be the role of different stakeholders in supporting the LDCs efforts
to increase access to development finance in the African LDCs?<o:p></o:p></span></div>
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<!--[if !supportLists]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">-<span style="font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">How can we increase the
share of FDI to the LDCs? What would be needed to ensure that FDI contributes
to sustainable development and support the building of productive capacities in
the African LDCs?<o:p></o:p></span></div>
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<!--[if !supportLists]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">-<span style="font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">What are the policies and strategies
needed to enhance the role of trade in productive capacity building in African
LDCs?<o:p></o:p></span></div>
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<!--[if !supportLists]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">-<span style="font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">How can we assist the African
LDCs in improving their Science, Technology and Innovation base? What kind of
mechanisms can bolster science, technology and innovation in African LDCs? <o:p></o:p></span></div>
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<span style="font-size: 12pt;">I have the honour to introduce Mr. Erik Solheim, Chair of the Development
Assistance Committee of the OECD, who will deliver a keynote presentation.</span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">==========================================</span></div>
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<span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">I would like to thank Mr.
Solheim for his insightful remarks, which certainly help to frame the
discussion.<o:p></o:p></span></div>
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<span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">Now I have the privilege to
introduce our distinguished panelists. <o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">-<span style="font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">Mr. Joakim Reiter, Deputy Secretary-General of UNCTAD <o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">-<span style="font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">Mr. Xiaozhun YI, Deputy Director-General, World Trade Organization<o:p></o:p></span></div>
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<!--[if !supportLists]--><span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">-<span style="font-size: 7pt; font-stretch: normal;">
</span></span><!--[endif]--><span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">Mr. Mario Matus, Deputy Director General, Development Sector, WIPO <o:p></o:p></span></div>
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<span lang="EN-GB" style="font-size: 12.0pt; mso-ansi-language: EN-GB; mso-bidi-font-weight: bold;">
</span></div>
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<span style="font-size: 12.0pt; mso-bidi-font-weight: bold;">Please limit your
interventions to 7 minutes.<o:p></o:p></span></div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com2tag:blogger.com,1999:blog-4005651308993601999.post-55328265461074496692015-02-19T02:53:00.001-08:002015-02-19T02:53:47.752-08:00Unraveling the myth around dual citizenship<div dir="ltr" style="text-align: left;" trbidi="on">
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<b><span style="font-family: 'Times New Roman', serif; font-size: 14pt; line-height: 28px;">UNRAVELING THE MYTH AROUND DUAL CITIZENSHIP</span></b></div>
<div align="center" class="MsoNormal" style="line-height: 150%; text-align: center;">
<b><span style="font-family: 'Times New Roman', serif; font-size: 14pt; line-height: 150%;"><br /></span></b></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">I am baffled by the widespread
press and public misunderstanding of the difference between Dual Citizenship
and the Negro clause in the Liberian Constitution. Since H.E Madam Ellen
Johnson Sirleaf, President of the Republic of Liberia, addressed the Nation in January 2015, there have been reports and
calls on various talks about the President’s proposal to the Legislature to
pass a law that will allow Liberians hold dual citizenship. Most of the callers
and talk shows hosts as well as newspaper editors insinuate and or tend to show
some level of ignorance about the difference between dual citizenship and the
Negroes and Non-negro descent clause in the Liberian Constitution.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">According to article 27b
of the Constitution of Liberia, <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; margin-left: .5in; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">‘in order to preserve,
foster and maintain the positive Liberian culture, values and character, only
persons who are Negroes or of Negro descent shall qualify by birth or by
naturalization to be citizens of Liberia’ (Liberian Constitution 1986, Article
27b). <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; margin-left: .5in; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;"><br /></span></div>
<div class="MsoListParagraphCxSpFirst" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">This "Negro Descent Clause" in the Liberian Constitution
is far different and divorced from the issue of dual citizenship that is not a
constitutional matter. It is the Alien and Nationality Law (a legal statute)
that prevents dual citizenship. According to the Alien and Nationality Law of
Liberia (a</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">pproved 15 May 1973 with Amendments approved 9 May 1974)<o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-left: 42.0pt; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">‘a person who is a
citizen of Liberia whether by birth or naturalization, shall lose his citizenship by<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">(a)<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">Obtaining
naturalization in a foreign state upon his own application, upon the
application of a duly authorized agent, or through the naturalization of a
parent having legal custody of such person; provided that citizenship shall not
be lost by any person under this section as the result of the naturalization of
a parent or parents while such person under the age of 21 years, unless such
person shall fail to enter Liberia to establish a permanent residence prior to
his twenty-third birthday; or<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">(b)<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">Taking
an oath or making an affirmation or other formal declaration of allegiance to a
foreign state or a political subdivision thereof; or<o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">(c)<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">Exercising
a free choice to enter or serve in the armed forces of a foreign state, unless,
prior to such entry or service, such entry or service is specifically
authorized by the President; <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">(d)<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">Voting
in a political election in a foreign state or voting in an election or
plebiscite to determine the sovereignty of a foreign state over foreign
territory; or <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; text-align: justify;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -.25in;">
<!--[if !supportLists]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%; mso-fareast-font-family: "Times New Roman";">(e)<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;"> </span></span><!--[endif]--><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">Making
a formal renunciation of Liberian nationality before a diplomatic or consular
officer of Liberia in a foreign state in such form may be prescribed by the
Secretary of State.’<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">(Alien an Nationality Law 1974, pp.
188-189) <o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="line-height: 150%; margin-left: .25in; mso-add-space: auto; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">This statute (the Alien
and Nationality Law 1974) can be repealed by the National Legislature, and it
is that statute that the President has requested the National Legislature to
repeal. It is therefore advisable for those who are for or against the
President’s proposed bill to lobby the Liberian Legislature to achieve their
desires. Simply put, the question of dual citizenship does not require a
constitutional amendment, and it is not linked with the Negro clause in the
Liberian Constitution. <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;"><br /></span></div>
<div class="MsoNormal" style="line-height: 150%; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">The Liberian Constitution does not stop dual citizenship. Article
28 of the Liberian Constitutions states that <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; margin-bottom: .0001pt; margin-bottom: 0in; margin-left: .5in; margin-right: 0in; margin-top: 0in; text-align: justify;">
<span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">‘any person, at least
one of whose parents was citizen of Liberia at the time of the person's birth,
shall be a citizen of Liberia; provided that any such person shall upon
reaching maturity renounce any other citizenship acquired by virtue of one
parent being a citizen of another country. No citizen of the Republic shall be
deprived of citizenship or nationality except as provided by law; and no person
shall be denied the right to change citizenship or nationality’.<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: 150%; margin-bottom: .0001pt; margin-bottom: 0in; text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: Times New Roman, serif;"><span style="font-size: 12pt; line-height: 150%;">In view of the above, the
media needs to first understand the difference between dual Citizenship and the
Non-Negro clause barring Whites from becoming citizens of Liberia. It is this
understanding that would allow the press to propagate the rightful analysis in
their reportage and editorials. Remember that, </span><span style="line-height: 24px;">among</span><span style="font-size: 12pt; line-height: 150%;"> other things, the press
can inform, entertain, educate, analyze and report.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: Times New Roman, serif;"><span style="font-size: 12pt; line-height: 150%;"><br /></span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: Times New Roman, serif;"><span style="line-height: 24px;">Tom Kaydor</span></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: Times New Roman, serif;"><span style="line-height: 24px;">thkaydor@gmail.com</span></span></div>
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<span style="font-family: Times New Roman, serif;"><span style="line-height: 24px;"><br /></span></span></div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-61370316509145993392015-02-01T14:40:00.002-08:002015-02-01T14:58:38.962-08:00Critique and Analysis of John Quiggin's Blog Article<div dir="ltr" style="text-align: left;" trbidi="on">
<h1 align="center" style="text-align: center;">
<span lang="EN-AU">Report on blog post
by John Quiggin<o:p></o:p></span></h1>
<div align="center" class="MsoNoSpacing" style="text-align: center;">
<span lang="EN-AU"><<a href="http://johnquiggin.com/2014/04/28/stratification-in-tertiary-education/">http://johnquiggin.com/2014/04/28/stratification-in-tertiary-education/</a>>.<o:p></o:p></span></div>
<div align="center" class="MsoNoSpacing" style="text-align: center;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU">This essay
reports on John Quiggin’s blog (<a href="http://johnquiggin.com/">http://johnquiggin.com/</a>)
where, on 28 April 2014, he posted ‘stratification in tertiary education’. In
this post, Quiggin (2014) argues that those calling for Australia’s adoption of
the US’ highly stratified tertiary educational system are advocating for
increased stratification in Australia’s tertiary educational system. He notes
that the Ivy League universities (like Harvard and Princeton) in the US provide
undergraduate education to only a tiny proportion of young Americans (about one
per cent). Hence, should Australia adopt similar system, each ‘Australian Ivy
League’ would only absorb about a thousand students annually, and this could
deny thousands of students the opportunity to obtain university education from
institutions of their choice. Quiggin points out that tertiary education
systems reflect and reconstruct the society to which they belong; as a result,
the highly stratified systems in the US and UK, signify and strengthen ‘a
class-bound society in which the best thing one can do is to choose the right
parents’. Although Quiggin acknowledges
Australia’s less stratified education system, he opposes increased
stratification, which could widen the gap between the group of eight and the
rest of the universities in the country. He therefore recommends that the
country should reduce stratification in the education system, and calls on
policymakers to consider tertiary education like other public services provided
to all. <o:p></o:p></span><br />
<span lang="EN-AU"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU">Indeed,
university education should be treated like other social services that a state
must provide to its citizens without discrimination. According to Jeffrey Haynes (2008), ‘the
people are the real wealth of a nation’, hence the achievement of the basic
objective of their development requires the creation of an enabling environment
for them to live longer, healthier and creative lives (p. 12). Equal access to
quality education creates that enabling environment and breeds a more productive
society. Support for quality education like other social services is therefore
an investment in the human capital of a country (Gans et al. 2013). This
increases productivity of the labour force and its income, thereby leading to
economic growth and prosperity. Consequently, countries should not stratify
educational systems, because this hinders citizens’ access to equitable education.
The ability of a citizen to get quality university education should depend on
his or her ability to enrol and complete a university. <o:p></o:p></span><br />
<span lang="EN-AU"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU">Stratified
tertiary education is not unique to the US, UK and other developed countries.
It also exists in developing countries.
In Liberia, for example, the free American slaves who founded the nation
set up the then singular state owned Liberia College in 1862, which later
became University of Liberia (UL) in 1951, to train state elites and their
children. Indigenous Liberians (95
percent of the population) were not allowed to enrol at the University of
Liberia up to the 1960s, unless they were servants of the elites, and changed
their indigenous names to western ones (Wreh 1976). Graduates from the UL were
given preferential employment in the public and private sectors. This
stratified educational system perpetuated illiteracy amongst the majority
indigenous tribes. Lack of tertiary education meant lack of employment
opportunities for the majority. This also meant that 95 per cent of the
country’s population remained illiterate and could only engage in subsistence farming
to feed themselves, but could not promote economically beneficial
ventures. This system entrenched a
minority elitist aristocracy in Liberia for 133 unbroken years, undermined
productivity and stalled economic growth amidst enormous natural resources,
thereby increasing poverty (Sawyer 1991). Suppression of the indigenous
majority led to the over throw of the Liberian oligarchy on 12 April 1980 by 17
illiterate non-commissioned army officers from the indigenous tribes; thus the
beginning of the two decades civil unrest in Liberia (Youboty 2004).<o:p></o:p></span><br />
<span lang="EN-AU"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU">Tertiary
education is linked with one of the ten lessons from economics, ‘a country’s
standard of living depends on its ability to produce goods and services’ (Gans
et al. 2013, p. 13). The variation in
the standard of living across countries is a function of divergent levels of
productivity. Educational standards and productivity are fundamentally linked.
The better educated a country’s population, the more productive its citizens,
and the better living standard they enjoy. Therefore, making tertiary education
equitable means affording all citizens equal access and opportunity to quality
education. Quality education will improve living standard, hence policymakers
need to raise productivity by ensuring that workers are well educated and
equipped with the requisite tools and technology required to produce goods and
services. <o:p></o:p></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNoSpacing">
<b><span lang="EN-AU">References<o:p></o:p></span></b></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<span lang="EN-AU">Gans, J, King, S, Stonecash, R &
Mankiw, G 2013, <i>Principles of Economics</i>,
China Translation and Printing Services, Beijing, China.<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<span lang="EN-AU">Haynes, J 2008, <i>Development studies: short introductions</i>, Polity Press, Cambridge,
UK.<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
Sawyer, A 1992, <i>The emergence of autocracy in Liberia: tragedy
and challenge</i>, ICS, San Francisco, California. <o:p></o:p></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<span lang="EN-AU">Wreh, T 1976, <i>The love of liberty … the rule of President William V.S. Tubman in
Liberia 1944-1971</i>, C Hurst and Company, London, UK.<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<span lang="EN-AU">Youboty, J 2004, <i>A nation in terror: the true story of the Liberian Civil War</i>, USA.<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<span lang="EN-AU"><http://johnquiggin.com/2014/04/28/stratification-in-tertiary-education/>.<o:p></o:p></span></div>
<br />
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<br /></div>
</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com2tag:blogger.com,1999:blog-4005651308993601999.post-46019402912664272472015-01-29T02:40:00.005-08:002015-01-29T02:40:53.279-08:00Kaydor featured in Crawford School & ANU news headlines<div dir="ltr" style="text-align: left;" trbidi="on">
The <a href="https://crawford.anu.edu.au/news/5256/leading-liberia">Crawford School of Economics and Government</a> has featured your humble servant in its 29 January 2015 official news headline..<br />
<br />
<a href="https://crawford.anu.edu.au/news/5256/leading-liberia">https://crawford.anu.edu.au/news/5256/leading-liberia</a></div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-70907695257215706352015-01-25T14:23:00.002-08:002015-01-25T14:23:22.821-08:00Research Design.. A Case Study<div dir="ltr" style="text-align: left;" trbidi="on">
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="font-size: 14.0pt; line-height: 150%; mso-ansi-language: EN-US;"><br /></span></b></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="font-size: 14.0pt; line-height: 150%; mso-ansi-language: EN-US;">Hypothesis:
“The more information people have about their (national or local) government’s
activities, the more likely they are to trust the government.”<o:p></o:p></span></b></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<b><span style="font-size: 14.0pt; line-height: 150%; mso-ansi-language: EN-US;"><br /></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">The operational hypothesis is
the higher the percentage of citizens who watch television on government’s development
activities, the higher the percentage of citizens’ trust in the government. The
independent variable is the level of information about the government’s
actions, while the dependent variable is trust in government. The independent
variable is thought to cause the dependent variable, and it is this causality
that this research attempts to measure. The unit of analysis is individuals
(watching or not watching television programmes on government’s activities). An
opinion research will be conducted to ascertain whether an individual watches
national television programmes on government’s activities, and whether or not s/he
trusts the government. The true experimental and quasi-experimental designs
would be used to undertake this research in Liberia.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">True Experimental Design<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">A Social Science 102 class
comprising 100 students will constitute the experimental study group. A total
of 100 tickets will be printed with number one written on 50 of them, and
number two on the rest. All the tickets
will then be mixed in a sealed box. During Wednesday’s class, each student will
be asked to pick only one ticket from the box containing the 100 tickets. This
process constitutes the randomized selection in the true experimental design.
The randomization assumes that the two experimental groups selected for the
research would be statistically identical in their distribution on both the
dependent variable and all other variables whether or not they are being
measured.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">Following the random selection
of tickets, all 50 students with number one tickets would be assembled in a
class room to be used as the treatment group to which the stimulus (television
news on government’s activities) will be administered. The remaining 50
students with the number two tickets will be the control group. They will sit
in a separate class room while the treatment group watches two hours television
programme on government’s development activities (the stimulus). At the end of
the television programme, all the 100 students will be requested to complete a
questionnaire about trust and confidence in the Liberian government. This
questionnaire would measure the posttest results. The level of trust in
government as measured from students who watched the television programme will
be compared with that of the students who did not. If higher number of students who watched the
television programme expresses trust in the government, it would then be
concluded that the independent variable (more information about government’s
activities) causes the dependent variable (trust in government). <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">Quasi-Experimental Design<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">Using the same 100 students,
the dependent variable would be tested before and after the independent
variable has been applied (Monroe 2000, p.38).
Students will not be assigned in groups.
All 100 students would be asked to complete a questionnaire about trust
in the Liberian government. This questionnaire is intended (as a pretest) to
measure the level of trust all of them have in the Liberian government. After
this pretest, the students would be requested to watch two hours television
programme on the government’s development activities. This will serve as a
stimulus after which a posttest measuring the extent to which a change in the
level of trust in government has occurred. All the students will be asked again
to complete a questionnaire</span><span style="line-height: 150%; mso-bidi-font-size: 12.0pt;"> </span><span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">measuring their trust in government (posttest).
The posttest would be carried out irrespective of whether or not all the
students watched the television programme. If the level of trust expressed in
the government in the posttest exceeds that of the pretest, this change
(increased trust in government) would be attributed to the stimulus thereby
leading to the conclusion that high level of information about government’s
activities leads to trust in the government.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">Validity <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">The same unit of analysis
(individuals) will be used to measure the hypothesis. These two designs have
high face validity because the measure looks right to the researcher. The
internal validity of the true experimental design is higher compared to the
quasi-experimental because the manipulation and randomization of the
experimental groups ensured that no other variable interfered. We can therefore
claim causality in the true experimental research compared to the
quasi-experimental one under which the experimental group was not manipulated
or controlled. The content validity and construct validity are low in both
designs. For example, this research cannot be content valid when it does not
actually consider all the causal elements that increase trust in the government.
It is possible that citizens may be adequately informed about their government,
but yet have less trust in it, or this could be the reverse. The external
validity of these two designs is low because generalizable claims cannot be
made across the general population, in all settings and at all times. Regarding
construct validity, it cannot be claimed with absolute certainty that
inferences from this research can become a functioning reality (Bollen 1989). Finally,
the credibility of the television programme is another factor to consider. An
independent television would have an objective analysis of government’s
activities compared to a state owned television. Hence the ownership or control
of the television programme could affect validity.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">Causality<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">We can claim causality because
these two designs have accounted for correlation, time order and nonspuriousness
(Monroe 2000, p.32). The posttest comparisons in both designs indicate that
there is a correlation between the independent and dependent variables due to
the change observed in the level of trust as an effect of the stimulus.
Nonspuriousness is ensured in the true experimental design because the
treatment and controlled groups were considered to be exactly the same in all
aspects due to the use of the randomized selection process, but nonspuriousness
in the quasi-experimental design is questionable because the pretest of the
students must have aroused their interest in the study thus affecting their
responses in the posttest. Also, outside influences (previous exposure,
maturation and conversations during the interval between the pretest and
posttest) must have affected their responses. It is therefore difficult to
attribute change to the stimulus in the quasi-experiment as the students were
not controlled, randomized and equal in all aspects. Regarding time order, this
criterion has been addressed because the stimulus was applied prior to the
posttest measurement of the dependent variable in both experimental designs. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">Strengths & Weaknesses<o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">The artificial setting and
manipulation of students in the true experiment is problematic because humans
cannot be controlled like laboratory animals. Therefore, the results from the
true experiment may not be obtained in real life situation. However, we can use
this design to study general features of a small group of people. These designs
lack genuine representative sample to back claims for generalizability and
external validity. It would be difficult to conduct such research nationwide or
amongst a group of countries. In the quasi-experimental design, it is uncertain
that all other causal variables have been eliminated (Shively 2013, p.85).
These designs are cost and time efficient, but replicating them nationwide
would be cost intensive. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<b><span style="line-height: 150%; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt;">References</span></b></div>
<div class="MsoNoSpacing">
Bollen, A 1989, <i>Structural equations with latent variables</i>,
Wiley & Sons, <span lang="EN-AU">USA</span>.<o:p></o:p></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
Shively, W 2013, <i>The craft of political research</i>, Pearson
Prentice Hall, USA.<o:p></o:p></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
Monroe, A 2000, <i>Essentials of
political research</i>, Westview Press, Boulder, Colorado, USA.<o:p></o:p></div>
<div class="MsoNoSpacing">
<br /></div>
<div class="MsoNoSpacing">
<o:p>By Tom Kaydor</o:p></div>
<div class="MsoNoSpacing">
<o:p>thkaydor@gmail.com</o:p></div>
<div class="MsoNoSpacing">
<br /></div>
<br />
<div class="MsoNormal">
<br /></div>
</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-40697460796606278402015-01-18T15:48:00.002-08:002015-01-18T15:51:08.149-08:00Initial thoughts as Deputy Minister (designate) for ICEI-MFA<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="WordSection1">
<div class="MsoNoSpacing" style="text-align: justify; text-justify: inter-ideograph;">
<br /></div>
<div align="center" class="MsoNoSpacing" style="text-align: center;">
<b><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt;">Our initial views on what the Department of International Cooperation and Economic Integration needs to achieve after our confirmation by the Liberian Senate.</span></b></div>
<div align="center" class="MsoNoSpacing" style="text-align: center;">
<b><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt;"><br /></span></b></div>
<div align="center" class="MsoNoSpacing" style="text-align: center;">
<b><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt;">By Tom Kaydor (thkaydor@gmail.com) </span></b></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<br /></div>
<div align="center" class="MsoNormal" style="text-align: center;">
<b style="text-align: justify;"><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Introduction</span></b></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">The
Department of International Cooperation and Economic Integration of the
Ministry of Foreign Affairs coordinates negotiation of all bilateral and
multilateral agreements to which Liberia is a party. The Department also leads
formulation of such agreements, and subsequently monitors and evaluates their implementation
between Liberia and its bilateral and multilateral partners on the one hand,
and by government agencies and ministries on the other. It represents the
Ministry of Foreign Affairs at various meetings, conferences and economic fora
on International Cooperation and Economic Integration, advises the Foreign Minister
in this premise, and prepares cooperation and integration policy briefs, options
and analysis for the Presidency through the Office of the Minister. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">The
Department is led by the Deputy Minister for International Cooperation and
Economic Integration, and comprises two technical Bureaus: the Bureau of
International Cooperation and Economic Affairs and the Bureau of International
Organizations Affairs. Each Bureau is headed by an Assistant Minister. The Department
has 30 staff members including Desk Officers, Research Analysts and Assistants,
and other clerical staff. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Cognizant
of its statutory mandate, the Department has developed the key deliverables hereunder
for six months (January to June 2015). Although most of them would continue
beyond this timeframe, these deliverables will serve as a compass for the
Department in the first half of 2015. They encompass the programme outcomes and
activities consistent with the Ministry’s Performance Contact signed with the
President of Liberia, and the Government Agenda for Transformation. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><b>The
key components of the Department’s deliverables are:</b><o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><b><br /></b></span></div>
<div class="MsoListParagraphCxSpFirst" style="mso-list: l12 level1 lfo20; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Effective Coordination and Oversight;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l12 level1 lfo20; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Documentation and Policy Research;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l12 level1 lfo20; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Capacity Development;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l12 level1 lfo20; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Trade and Investment Promotion;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l12 level1 lfo20; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Ebola Response and Post-Ebola Recovery Planning
and Implementation<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="mso-list: l12 level1 lfo20; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<b><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Goal <o:p></o:p></span></b></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">To
enhance the Foreign Ministry’s performance, and promote Liberia’s national
interest through economic diplomacy.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<br /></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<br /></div>
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<b><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Objectives:<o:p></o:p></span></b></div>
<div class="MsoListParagraphCxSpFirst" style="mso-list: l3 level1 lfo21; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">To coordinate negotiation, formulation and
signing of all government’s bilateral and multilateral cooperation agreements,
and ensure their effective implementation, monitoring and evaluation;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-justify: inter-ideograph;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo21; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">To promote trade and investment through strategic
partnership with Liberia’s Foreign Missions, Embassies near Monrovia, International
Organizations, and the National Investment Commission;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle" style="text-align: justify; text-justify: inter-ideograph;">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo21; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">To fully document and re-document all
government’s bilateral and multilateral agreements, track, monitor and evaluate
their full implementation;<o:p></o:p></span></div>
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<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo21; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">To conduct evidence based research, and
prepare strategic policy briefs, policy options and policy analysis in lieu of
promoting Liberia’s economic diplomacy through effective bilateral and
multilateral cooperation and economic integration;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo21; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">To develop requisite capacity for the
effective and efficient functioning of the department in particular, and the Ministry
and other government agencies and ministries in general;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo21; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Increase Liberia’s visibility and
participation in, and enhance government’s strategic engagement with
International Organizations;<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpMiddle">
<br /></div>
<div class="MsoListParagraphCxSpMiddle" style="mso-list: l3 level1 lfo21; text-align: justify; text-indent: -.25in; text-justify: inter-ideograph;">
<!--[if !supportLists]--><span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol;">·<span style="font-family: 'Times New Roman'; font-size: 7pt; font-stretch: normal; line-height: normal;">
</span></span><!--[endif]--><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Promote government’s ebola response
strategy, and fast track post-ebola development planning and implementation through
robust and proactive bilateral and multilateral partnership.<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpLast" style="text-align: justify; text-justify: inter-ideograph;">
<br /></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<b><span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Expected outcome:<o:p></o:p></span></b></div>
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<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Liberia’s
national interest (the security of the state and the wellbeing of its people)
promoted through strategic bilateral and multilateral cooperation and economic
integration. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">A detailed matrix of deliverables with budget has been presented to the Management Team of the Ministry.</span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; line-height: 115%;">Liberia First!</span></div>
</div>
<span style="font-family: "Tahoma","sans-serif"; font-size: 12.0pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US;"><br clear="all" style="mso-break-type: section-break; page-break-before: always;" />
</span>
</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-64674738265329581862014-10-13T20:04:00.002-07:002014-10-15T05:08:42.222-07:00Redundancy of Liberia government's 'non-essential staff': Reflections<div dir="ltr" style="text-align: left;" trbidi="on">
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<b><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">Civil Service Agency’s proposed redundancy reform process: an
initial reaction<o:p></o:p></span></b></div>
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<b><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">Part I:</span></b></div>
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<b><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></b></div>
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<b><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></b></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">By Tom Kaydor / thkaydor@gmail.com</span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<br /></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">In some of my posts on the Civil Service Agency’s proposed reform
to downsize non-essential staff in ministries and agencies, I did promise to do
further analysis on said issue and this is the beginning of the process. It is
good to have a well written policy, but it is preferable to have a policy that
would be implemented and that will positively impact the governance process. Such
reforms must equally tend to reduce poverty and increase equitable distribution
of the nation’s resources. That said, besides the seeming lack of an implementation
strategy and the proposed reform’s likely inability to affect the legislature
and the Judiciary (as others have argued), the timing for such policy reform in
Liberia would have disastrous consequences and might increase poverty in the
already poor country (<a href="https://www.gfmag.com/global-data/economic-data/the-poorest-countries-in-the-world">4<sup>th</sup> poorest in the world</a>).<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;">First, poverty in itself reduces people’s consumer surplus and
affects aggregate demand. This affects national economy and reduces the country’s
international competitiveness and as well retards economic growth, thus further
limiting the government’s ability to spare resources for transfers; hence </span></span><span style="font-family: Times New Roman, serif;"><span style="line-height: 17.1200008392334px;">fueling</span></span><span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;"> poverty in return. The main asset the poor have is their </span><span style="line-height: 17.1200008392334px;">labor</span><span style="line-height: 107%;">, which in
Liberia cannot easily find a market. Private school teachers for example are practically
out of job as most of them are not being paid at present. There is no point
mentioning the already jobless thousands in the country. The responsibility of
the civil servants who are receiving pay has therefore increased given our
setting which makes a singular bread winner in a family the sole provider for
all. So poverty arguably continues to increase in Liberia, and this will continue to reduce
aggregate demand.<o:p></o:p></span></span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;">Second, in the ebola environment, there are several factors that project
an increment in poverty. During the ebola (<a href="http://www.theguardian.com/commentisfree/2014/oct/09/ebola-highly-contagious-virus-myths-outbreak-epidemic">the greatest global health epidemic posing major national security threat to affected nations</a>), some investments have closed down. Their
return and full operation might not be fully realized under this current
government. Those who had jobs at those concessions are now temporarily unemployed. Local businesses have been undermined, if some would not or have
not already crumbled. The mainstay of
our country’s economy (</span></span><span style="font-family: Times New Roman, serif;"><span style="line-height: 17.1200008392334px;">subsistence</span></span><span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;"> agriculture) is grossly affected. Take Lofa
for instance where farmers have lost entire season of their production. In fact
all farmers in Liberia have been affected. This has far reaching social and
economic consequences and might even affect the politics. As families are
affected, school would be opening at the end of the virus, these poor families
need social protection interventions to not only feed themselves, but to also address
children’s school fees, uniforms, tuition and other relate expenditures. This
simply shows how poverty would even further increase in Liberia. The Minister
of Finance has affirmed the grave economic, social and political challenges that the ebola brings along. He aired this during his interview on the <a href="https://soundcloud.com/fanta-mamadee-audioland/amara-konneh-on-the-economy">LBS talk show</a>. Presently, some
people are unable to pay their rent. Take the case of an ebola survival who on
his return from the ETU was put out due to <a href="https://soundcloud.com/fanta-mamadee-audioland/ebola-survivors-talk-about">expiration of his rent</a>, and his
inability to pay the land lord who singularly survives on the rent friom his humble home in Banjul
Community. This story was shared on the <a href="https://soundcloud.com/fanta-mamadee-audioland/ebola-survivors-talk-about">Truth FM radio</a>. WFP is presently
distributing food and relief items. This should inform that the situation in
Liberia is grave and will go a long way. Indeed poverty has increased where
majority of the people cannot meet the minimum nutritional </span></span><span style="font-family: 'Times New Roman', serif; line-height: 17.1200008392334px;">suppliments</span><span style="font-family: 'Times New Roman', serif; line-height: 17.1200008392334px;"> </span><span style="font-family: 'Times New Roman', serif; line-height: 107%;">needed on a daily basis.
Simply put, the impact of the ebola virus on Liberia would be very significant
to the point government now has to begin thinking about increasing transfers to
those who are working and those who are jobless. Social protection benefits
must be provided to the poor, and social safety nets must be provided to the
vulnerable who might fall back into the poverty gap (this includes ‘the non-essential staff’).</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;">Instead of concentrating on such poverty reduction moves, the policy reform to
redundant non-essential staff of government aims to remove civil servants from
the </span><span style="line-height: 17.1200008392334px;">labor</span><span style="line-height: 107%;"> market, and according to the policy (as others have argued) they
will be given capacity to lead them to other sectors of employment. Where are
the other employment sectors? Where are those sectors when in 2005 campaign it
was promised that we would run a small and efficient government, but have only
seen the creation of commissions and new government entities with huge salaries
and allowances? Where are those other job sectors when we can only witness an increment
in the salaries, allowances and other benefits of elected officials and
political appointees? Statistically, the salaries of the non-essential staff
may not be the significant part of our expenditure. You may need to get the
data and run your regressions. Our expenditure is about the huge and </span></span><span style="font-family: Times New Roman, serif;"><span style="line-height: 17.1200008392334px;">discretionary</span></span><span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;"> allowances given to some staff in agencies and ministries under the whims and caprices of ministers. Our expenditures are on the luxurious cars
and sometimes needless travels of government officials. Our key expenditures
are not on those filling clerks or cleaners or secretaries (now considered
non-essential). The huge expenditures are paid to some of the very Liberians who are 'consultants' at various ministries and agencies. How much do the non-essential
staff earn? Granted that those considered non-essential will be paid for two
years and then be transitioned to separation benefits, what is the volume of
the pay to non-essential staff compared to political appointees, national consultants and elected
officials? Think about it.<o:p></o:p></span></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;">Third, on the question of training those to be put down, could the
CSA provide an analysis of prospective </span></span><span style="font-family: Times New Roman, serif;"><span style="line-height: 17.1200008392334px;">labor</span></span><span style="font-family: Times New Roman, serif; font-size: small;"><span style="line-height: 107%;"> markets/job markets to
which they will be shifted. Over 12 years of post-conflict governance, one
needs not to lecture about our failure to link the unemployed youths and adults
with jobs. We have not created the needed jobs. Is it in an immediate post-ebola
environment that such jobs would be generated? Give us the prognosis. Government
indicated it would have provided 20 thousand jobs, redeemed 20 million dollars
from ghost names, et al. Have those jobs come and gone? Where are the ghosts when
there are genuine staff members working in agencies and ministries, but not yet
on pay roll for the past five to ten years and even above? <o:p></o:p></span></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">Fourth, Liberia is poised with political tension mainly due to
poverty. People are advocating for a change of government amidst an ebola
crisis. They argue that the government is corrupt, has failed and <a href="http://allafrica.com/view/group/main/main/id/00017658.html">needs to giveway</a>. At the same time, some members of the <a href="http://www.voanews.com/content/liberias-ruling-unity-party-members-demand-jobs-and-scholarships/1353006.html">ruling Unity Party are demanding jobs</a> in the very civil service. Health workers are presently <a href="http://news.yahoo.com/liberia-faces-healthcare-strike-over-ebola-130520281.html">agitating for strike actions</a> in demand of their pay and employment.
Several teachers are still yet to get on the official pay roll of government. Is
it politically feasible to carry out such reform that will affect people who
have only relied on government‘s jobs over the years? Are we not venturing with
political rivalry and strong opposition from the civil servants? I think the
timing for such reform is politically wrong and might lead to demonstrations,
strikes, et al. For any policy reform to succeed, it must have the political
will, the time must be ripe, and the policy entrepreneurs must find the
appropriate venue to introduce same. Introducing such shake up in the civil
service during a health epidemic might do more harm than good. This reform does not have the coupling of the problem, politics and policy.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">Last, from my experience, and you may share yours, there is no
effective and objective criteria and mechanism to measure the efficiency and effectiveness
of staff in ministries and agencies. There has also been no objective criteria
on which staff are paid. In fact there has been no set and objective criteria
for staff recruitment in the civil service over the years. There are instances
in which degree holders are office assistants or filing clerks when non degree
holders are their supervisors. The first thing to do therefore would be to
develop a mechanism through which staff would be placed in positions based on
their qualifications and experience. This is called merit system. That is not the focus of this policy. The policy seeks to cleverly fire civil servants. We
need to put in place measurable deliverables based on employee’s job
description that must conform to contemporary realities. Have you seen the
generic CSA TORs? Have you seen the evaluation forms for civil servants? I have
seen them, and think better not to have those generic TORs and evaluation forms that currently exist. Is there
any empirical study showing information about essential and non-essential staff
in terms of the reality on the ground in ministries and agencies? What is that study indicating, if any? From my
experience in the government, to the best of my knowledge, such research has not been done yet. <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;"><br /></span></div>
<br />
<div class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph;">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 107%; mso-ascii-theme-font: major-bidi; mso-bidi-theme-font: major-bidi; mso-hansi-theme-font: major-bidi;">To conclude, as earlier stated, the policy reform looks good on the
face, but the timing appears to be wrong. There must be a detailed study on the
cost and benefits of this reform especially during the time of ebola crisis.
Any hasty implementation of such policy reform might lead to outcomes otherwise
intended thereby leading to huge negative unintended consequences. After all, this proposed restructuring of the civil service must also involve the other two branches of government: the Judiciary and the Legislature. And it is only my hope that they would endorse and comply with the terms of such reform. </span><span style="font-family: 'Times New Roman', serif; font-size: 16px; line-height: 17.1200008392334px;">Remember, poor people are hungry people. Hungry people are angry people. Angry people many times become violent. Too much poverty may therefore create instability in Liberia. 'A hint to a wise is quite sifficient'.</span></div>
</div>
Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com2tag:blogger.com,1999:blog-4005651308993601999.post-20203265897985835602014-10-09T16:45:00.001-07:002015-01-25T14:44:42.645-08:00Liberian Democracy: A Critique of Checks and Balances:<div dir="ltr" style="text-align: left;" trbidi="on">
<a href="http://www.amazon.com/Liberian-Democracy-Critique-Principle-Balances/dp/149690446X/ref=sr_1_1?ie=UTF8&qid=1422225626&sr=8-1&keywords=thomas+kaydor+jr">Liberian Democracy: A Critique of the Principle of Checks and Balances</a><br />
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-4131244507941844532014-10-01T04:36:00.001-07:002015-01-25T14:43:30.417-08:00Liberian Democracy - Thomas Kaydor, Jr. : AuthorHouse<div dir="ltr" style="text-align: left;" trbidi="on">
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-71108207472028149132014-09-20T21:03:00.002-07:002014-09-20T21:11:57.644-07:00Analysis and policy recommendations on Thailand's binding constraint<div dir="ltr" style="text-align: left;" trbidi="on">
<h1 align="center" style="text-align: center;">
<span lang="EN-AU" style="font-size: 12.0pt; line-height: 150%;">Addressing Thailand's middle-income problem<o:p></o:p></span></h1>
<div>
<span style="line-height: 24px;">By Tom Kaydor/ thkaydor@gmail.com</span></div>
<h1>
<span lang="EN-AU">I. Introduction to the case<o:p></o:p></span></h1>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">On 1 July 2011, Thailand became
a middle-income economy (World Bank 2014).
This economic progress translated into poverty reduction, improved
wellbeing, and increased access to public goods and services. For example, ‘over
40 per cent of the Thai population escaped poverty in the past 25 years’ (Jitsuchon
2012, p.13). However, Thailand’s national income statistics (1952-2011) show declining
annual growth rates from about ten per cent in early 1990s and afterward due to
the Asian and global financial crises, the 2011 floods and political
instability (World Bank 2014). Since 1997, Thailand’s growth rate has stagnated
around four per cent (Jitsuchon 2012), and its current GDP per capita is
US$4420 (UNDP 2014). Due to this stagnant growth, Thailand is said to be caught
in a ‘middle income trap’ (Benyaapikul & Phongpaichit 2013, p.1). A
middle-income trap results ‘when a country graduates from a low-income economy to
a middle-income economy, but stagnates without much prospect of advancing to a
developed country status’ (Gill et al. 2007 cited in Jitsuchon 2012, p.15,
Kharas and Kholi, p.281). <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">Although there are more
complex issues to address to promote growth in Thailand, this essay argues that
political instability remains the country’s binding constraint. This constraint
results from recurrent military interventions in Thai politics, centralized state
power, and the failure of key political actors to reach mutually beneficial political
compromises (Chambers 2010). The essay therefore proposes that the government
of Thailand decentralize power to elected regional governments that will manage
local development programmes while the central government concentrates mainly on
macro level issues like monetary policy and national security. <o:p></o:p></span></div>
<h2>
<span lang="EN-AU" style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">II.
</span><span lang="EN-AU">Key problem or issue in the case<o:p></o:p></span></h2>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">In 1932, Thailand became a
constitutional monarchy, replacing the absolute monarchy that was considered a
barrier to Thai development (Dixon 1999). Since then, the country adopted 17
different constitutions, and witnessed over 18 actual and attempted military
coups (Tweechie 2011). Thailand is politically unstable because of the recurrent
meddling of the military into politics (Chambers 2010). As Laothamatas (1988)
contends, bureaucrats and military officers centrally manage the affairs of the
state. The country, according to Chambers (2010), is a ‘tutelary democracy, ‘a
form of defective and unstable democracy under which non-elected elites (the
monarch, privy council and military) hold veto powers over elected officials’
(p.837). <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">In early 2014, failure of
the two major rival parties in Thailand to reach political compromise led to
another military intervention. T<span style="color: #333333;">housands of
protesters led by Suthep </span>Thaugsuban, former deputy prime minister and
powerbroker in the Democratic Party (‘Yellow Shirts’) mainly Southerners locked
down Bangkok, forcing Prime Minister Yingluck Shinawatra of the Pheu Thai Party
(‘Red Shirts’ predominantly from the North and Northeast) to step down, despite
a confidence vote from parliament (Nehru 2014). Due to the political stalemate
and eventual break down of law and order resulting from the demonstration
amongst rival parties, the Thai military </span><span lang="EN-AU">declared</span><span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"> martial law on 20
May 2014, ordered the cabinet to report to it, and banned gatherings of more
than five people (BBC News 22/05/2014). Thailand is presently under a military
dictatorship. <o:p></o:p></span></div>
<h3>
<span lang="EN-AU" style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">III</span><span lang="EN-AU">. </span><span lang="EN-GB">Theoretically
informed discussion of the problem</span><span lang="EN-AU"><o:p></o:p></span></h3>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">Political instability is
Thailand’s major challenge. First, it undermines economic growth and
development, and weakens the share of investment in GDP (Alesina and Perotti
1996). Empirical studies have tested and agreed with said relationship. For
example, studies by Barro et al. (1997) and Barro (1996) show a direct negative
impact of political instability on economic growth. Also, political instability
is a fundamental variable to explain the systematic underperformance of African
countries between 1970 and1990 (Guillaumont et al. 1999, Azam et al. 1996 cited
in Kefi & Zouhaier 2011, p.798). For their part, De Haan and Siermann
(1996) do not contest the effect of instability on growth, but state that instability
negatively impacts investment, and low investment slows growth.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">Second, instability stalls the
building of effective institutions, one of the deep determinants of growth
(Rodrik 2003). Institutions are important for sustainable economic growth, but
without stability, such growth remains utopian. Peter Hall (1986) defines institutions
as ‘the formal rules, compliance procedures, and standard operating practices
that structure the relationship between individuals in various units of the
polity and economy’ (p.938). Institutions provide incentives for investment and
structure an economy (North 1991). For instance, the Republic of Botswana grew
at 7.7 per cent annually from 1965 to 1998 due to the viable political
institutions that guaranteed property rights, law and order, prudent resource
management, merit based public bureaucracy, and investment in education, health
and infrastructure (Acemoglu et al. 2001 cited in Rodrik 2003). <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">Third, political instability
impedes growth, freedom, and prosperity. Thailand is generally violent, socially divided and
overwhelmed by populist movements with a large number of actors capable of
blocking reforms (Chambers 2010). These divisive factors prevent the
building of democratic institutions like those in Botswana, Japan, South
Korean, Singapore, et al (Rodrik 2010). The unstable environment undermines
economic growth because Thailand operates as a centralized bureaucratic polity mostly
ruled by the military class. In addition to this, ‘parties use ministerial
positions to enhance factional power in a continuing process of logrolls’
(Pasuk & Baker, 2000, p. 138), and corruption is widespread in the public
sector (Pasuk & Baker, 1998, p. 260). Such governance deficiencies are a
result of weak institutions nurtured by instability. As Acemoglu and Robinson
(2012) argue, authoritarian, centralized and exclusive institutions, like those
in Thailand, have disastrous consequences on growth as they avail no incentives
for investment and innovation. Accordingly ‘it is politics, not geography,
culture, et al., that determines the economy’ (p. 544). Effective institutions
create a level playing field whereby most citizens can enjoy secure property
rights, gain access to an independent judicial system, develop their personal capabilities
(North 1991), and invest in technology and innovation for steady economic
progress (Jones & Romer 2010). Institutions become even more effective when
they are inclusive and decentralized.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">Last, instability is further
compounded by constitutional biases against elected officials. This increases
political volatility. For instance, the constitution allows the military and
judiciary to appoint and approve independent bodies, such as the National
Counter Corruption Commission, the Election Commission, and the Constitutional
Court Judges (Thai Constitution 2007). The military can institute marshal law,
and effect promotions in its ranks and file (Chambers 2010). The constitution also
forbids the Parliament from approving Thai military budget, which sharply rose
from ‘US$2b in 2006 to about US$6b in 2011’ (Chambers 2010, p.850).</span><span lang="EN-AU" style="line-height: 150%;"> It grants ‘vetos to the non-elected monarch, privy council
and the military’ over elected parliamentarians (Chambers 2010, p. 827). Finally,
the Thai judiciary sometimes interferes with the parliament by removing prime
ministers as was done in 2007, 2008 (Howes & Lopez, 2013, p.8), and 2014
(BBC News 22/05/2014). Such practices increase political instability and slow
economic growth in Thailand (</span><span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">Kuhonta 2011)</span><span lang="EN-AU" style="line-height: 150%;">.<o:p></o:p></span></div>
<h3>
<span lang="EN-AU" style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%;">IV.
</span><span lang="EN-AU">Decentralisation as a pathway to stability and economic
growth<o:p></o:p></span></h3>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">Economic reforms are one of
the options for growth in Thailand. According to Jitsuchon (2012), Thailand’s
growth relied on ‘cheap labour, and low innovation, with technological acquired
mainly through technology importation’ (p.15). As one of the stylized facts of
growth predicts, once a state grows towards the technology frontier, its growth
slows (Jones & Romer 2010). Thus, Thailand’s old growth model can no longer
expand growth. However, if one should rely on economic growth theory, then the
country must readjust its economic model. It must diversify production networks (Kharas & Kholi 2011), break
monopolistic powers, decentralize governance, and invest in education, research
and development to trigger innovations (Jimanez et al. 2012, Acemoglu &
Zillibotti 1999). However, all these growth corridors cannot survive amidst political
instability in Thailand (Alesina & Perotti 1996).<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%;">Consequently, Thai reform agenda must focus on decentralization to
create political stability as a precursor to all other reforms. Decentralisation
is the transfer of powers from central government to lower levels in an
administrative hierarchy (</span>Crook
& Manor 1998)<span lang="EN-AU" style="line-height: 150%;">. It locally </span><span lang="EN-AU">provides efficient public goods compared to central government
(Oates 1972). </span><span lang="EN-AU" style="line-height: 150%;">Decentralization creates
an enabling environment for inclusive political, economic and social reforms
because the locals directly lead decision making; it therefore usually promotes
political stability. Decentralization gives local authorities the freedom to compete,
innovate, and attract investment and technology, which generate local employment,
productivity and growth. Employment opportunities drive skills development
through education to enhance human capital (</span><span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">TDRI 2012). Enhanced human capital increases
productivity and promotes innovation; and all of these factors combined increase
growth (Jones & Romer 2010). <o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">To begin the process of
decentralization, the current Thai government should constitutionally set up regional
governments. </span><span lang="EN-AU">The </span><span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">regional governments will
comprise locally elected parliaments, premiers and appointed judiciaries. They
will manage and support regional and local development programmes, and invest
in economic activities like agriculture and industry. The central government
would focus on macro level issues like monetary policy and national security. Decentralization
might shift attention from Bangkok to regional governments, </span><span lang="EN-AU">promote equitable distribution of economic opportunities, increase
competition and accountability, enhance trade and investment, and spur
innovation. It will stabilize Thailand because </span><span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">the ‘Yellow Shirts’, mainly
Southerners, would focus on their regional government, while the ‘Red Shirts’
would concentrate on theirs in the North. The military and political elites in
Bangkok would be compelled to address regional demands to gain regional
authorities’ support.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;">While decentralization might
increase political stability, increase access to basic services, promote regional
competition, and spur growth, it might cause new problems such as a clash in
resource allocation between the central and local authorities, and the decline
of state macroeconomic management. According to Zhong Zhu Ding (1998),
decentralization complicates and disturbs China's growth and development. In
September 1995, Chinese President Jiang Zemin said ‘in the process of
structural reform, some provinces favoured their local interests and therefore
resisted the central government's policies’ (Zhong p.63). Decentralization in Thailand might therefore
weaken central macroeconomic management, and undermine national unity. However,
Thailand needs to constitutionally spell out the powers of central and
provincial governments to mitigate against the possible drawbacks of devolution.<o:p></o:p></span></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<br /></div>
<div class="MsoNormal" style="text-align: justify;">
<span lang="EN-AU" style="line-height: 150%; mso-bidi-font-size: 12.0pt;"> </span><span style="text-align: left;"><b>References</b></span></div>
<div class="MsoNoSpacing">
<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Alesina,
A, Perotti, R 1994, ‘The political economy of growth: a critical survey of the literature’,
<i>The World Bank Economic Review</i>, no. 8, pp. 351–71.<o:p></o:p></span></div>
<div class="MsoNoSpacing">
<br /></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Acemoglu,
D, Robinson, J 2012, <i>Why nations fail: the origins of power, prosperity and poverty</i>,
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Acemoglu, D, Zillibotti, F 1999, ‘Productivity
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Baker, C, Pasuk, P 1998, <i>Thailand’s
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Barro,
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Barro,
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Benyaapikul, P, Phongpaichit, P 2013, <i>Political
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policy reform in Thailand</i>, Bangkok, Thailand.<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt;">Dixon, J, Heffernan, M 1991, <i>Colonialism
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<br /></div>
<div class="MsoNoSpacing" style="text-align: justify;">
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0tag:blogger.com,1999:blog-4005651308993601999.post-59073778250552639362014-09-12T07:08:00.002-07:002014-09-12T07:08:27.911-07:00All Hail to Liberian Health Workers<div dir="ltr" style="text-align: left;" trbidi="on">
<span data-ft="{"tn":"K"}" data-reactid=".14y.1:3:1:$comment1543610942525330_1543646945855063:0.0.$right.0.$left.0.0.1:$comment-body" style="background-color: #f6f7f8; color: #141823; font-family: Helvetica, Arial, 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 12px; line-height: 15.3599996566772px;"><span class="UFICommentBody" data-reactid=".14y.1:3:1:$comment1543610942525330_1543646945855063:0.0.$right.0.$left.0.0.1:$comment-body.0"><span data-reactid=".14y.1:3:1:$comment1543610942525330_1543646945855063:0.0.$right.0.$left.0.0.1:$comment-body.0.0"><span data-reactid=".14y.1:3:1:$comment1543610942525330_1543646945855063:0.0.$right.0.$left.0.0.1:$comment-body.0.0.$end:0:$0:0"><br /></span></span></span></span>
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<span lang="EN-AU" style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%; mso-ansi-language: EN-AU; mso-fareast-font-family: "Times New Roman";">Thankink the Health Workers in Liberia for fighting ebola:</span></div>
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<span lang="EN-AU" style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 150%; mso-ansi-language: EN-AU; mso-fareast-font-family: "Times New Roman";">By Tom Kaydor/</span><span style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">thkaydor@gmail.com</span></div>
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<span lang="EN-AU" style="font-family: 'Times New Roman', serif; font-size: 12pt; line-height: 150%;">Dr. Brown
and all those health workers who have paid the ultimate price with their lives
as well as those who remain on the frontline must be commended. There are
lessons to learn. Most of the health students in Liberia support their p</span><span data-reactid=".14y.1:3:1:$comment1543610942525330_1543646945855063:0.0.$right.0.$left.0.0.1:$comment-body.0.3" style="line-height: 150%;"><span data-reactid=".14y.1:3:1:$comment1543610942525330_1543646945855063:0.0.$right.0.$left.0.0.1:$comment-body.0.3.0.$end:0:$0:0">ersonal
education. Now they are putting their lives on the line for our country like
the military and police would do in time of national security crisis. Just as
we pay from national budget to train the army and police, it is about time we
consider free education for all health workers in Liberia after the ebola
crisis. This will not only help health students whose academic sojourn is
constrained by financial problems, it will also encourage more Liberian high
school graduates to enter the health sector. From the ebola crisis, we must now
know that health and education are very much important for nation building. If
a population is sick, it cannot make progress. Imagine businesses and
investments are closed, etc. People are stopping flights while others are abandoning
their positions in government due to ebola. This should remind us that health
is very much important. But how do we get professional health workers? We must
provide for their education. This brings education as the most important
priority for any given country. Henceforth, Liberian must take education and
health as the two major obstacles to overcome if we must prosper, grow our
economy and develop. This is the time to provide the millions of US Dollars to
train Liberians in health and education. Free education for all from KG to 12
grade, free education for all health and natural science students. These are
the programmes the government must focus on and lobby the international
community to support after the ebola crisis, and I am quite certain that we now
have more justifications to make such claims. These are programmes donors would
like to support after the ebola, only and only if the people and government
commit to this. Bravo to Liberia's brave health workers-the foot soldiers on
the frontline against the invisible enemy. With God above, our rights to prove,
we will overall prevail.</span></span></div>
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Professor Tom Kaydor, Jr.http://www.blogger.com/profile/12959574957219813075noreply@blogger.com0