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INSIDE THIS
EDITION
EDITORIAL
Prevention Is Better
Than Closure
PRICE: LD 40
www.liberianobserver.com
No Apology for
Empowering Liberians
-Mills Jones Replies Critics
See Pg. 4
COMMENTARY
The Mosquito
Menace
See Pg. 4
LOCAL NEWS
3 Dead, Two
Injured after Boat
Overturned
See Pg. 3
BUSINESS
CBL Galvanizes
Support in
Southeast
See Pg. 9
SPORTS
A Worthy Support to
Street Children
See Pg. 11
today!
Passed!
Contd on pg. 10
Boakai Wants
Consolidated Efforts
Against Disasters
ice President
Joseph Nyuma Boakai
has told the
High Level
Disaster Preparedness and
Response Meeting that it is
entral Bank
of
Liberia
(CBL) Executive Governor, Dr. J.
Mills Jones,
has made it plain to his critics that he holds no apologies
for helping Liberians through
the CBL loan scheme which,
he said, is meant to buttress
the fight of President Ellen
Johnson Sirleaf Administrations war against poverty in
the country.
What we are trying to do is
provide resources that would
enable our people to work and
help themselves. We at the
CBL see nothing wrong with
that, especially if our peoples
lives would be improved. If
Contd on pg. 10
West Point
Townhall Project
Constitutes Board
Ambassador Charles A. Minor Elected Interim
Chair, Project Cost Estimated at US$1.5M
See story on Pg. 10
April 9, 2014-edition.indd 3
4/10/14 12:30 AM
World News
Ukraine
Crisis: NATO
Warns Russia
Against Further
Intervention
(BBC) - Secretary-General
Anders Fogh Rasmussen said
Moscow must pull back troops
it has massed on the Ukrainian
border.
On
Tuesday,
Ukraine
regained control of one of
the government buildings
occupied by pro-Russian
activists in the east of the
country.
Moscow has said that using
force to end the protests could
lead to civil war.
However,
in
Luhansk,
officials
said
radicals
occupying the state security
building had placed explosives
and were holding about 60
people against their will.
Activists in the building denied
having explosives or hostages
but said they had seized an
armory full of automatic rifles.
Kiev says the unrest in
the east is being fomented
by Russia following its
annexation of the Crimean
peninsula.
Russia took control in
Crimea - where Russianspeakers are in a majority after a disputed referendum.
I urge Russia to step
back and not escalate the
situation in east Ukraine, Mr
Rasmussen said in Paris where
he was attending a seminar on
Nato reforms.
If Russia were to intervene
further in Ukraine, it would be
an historic mistake. It would
have grave consequences for
our relationship with Russia
and it would further isolate
Russia internationally.
The US and the EU have
already imposed targeted
sanctions on Russian and
Ukrainian individuals over the
annexation of Crimea.
Mr Rasmussen added: We
call on Russia to pull back the
tens of thousands of troops
it has massed on Ukraines
borders, engage in a genuine
dialogue with the Ukrainian
authorities and respect its
international commitments.
US Secretary of State John
Kerry, addressing a Senate
panel on Tuesday, said Russian
Special Forces and agents had
been the catalyst behind the
chaos of the last 24 hours.
He said recent events
could potentially be a
contrived pretext for military
intervention just as we saw in
Crimea.
As
tensions
rose
on
Tuesday, Russian Senator
Viktor Ozerov, chairman
of the defence and security
committee, said President
Putin could theoretically
send troops anywhere in
Ukraine under the powers
given to him by parliament
that allowed him to move
forces into Crimea.
The Federation Council
gave its agreement to the
president... to use the armed
forces in order to preserve
peoples lives. We have not
cancelled this resolution, he
told Ukraines Unian news
agency.
The number of people believed to have been killed by the Ebola virus in Guinea has
passed 100, the UN World Health Organization says.
general, said at a news briefing
in Geneva, Reuters news
agency reports.
The WHO said 157 suspected
cases had been recorded in
Guinea, including 20 in the
capital, Conakry.
Sixty-seven of the cases have
been confirmed as Ebola, it
added.
In neighbouring Liberia, 21
cases had been reported, with
five confirmed as Ebola, WHO
said.
Page 2
Foreign Briefs
France
Venezuela
(BBC) - A coalition of
Venezuelan opposition parties
says it is willing to enter into
talks with the government as
long as certain conditions are
met.
The meeting was proposed
by foreign ministers of the
Unasur regional group to put
an end to two months of antigovernment protests.
Venezuelan
President
Nicolas Maduro had earlier
agreed to take part.
It is not yet clear though
whether his government will
agree to the terms demanded
by the opposition.
In a letter addressed to
the Unasur delegation, the
umbrella opposition group
Table for Democratic Unity
(MUD) said it was willing
to hold a true dialogue, with a
clear agenda, equal conditions
[for both sides] and the first
meeting of which will be
transmitted live on national
radio and television channels.
Cuba
(BBC) - A US contractor
who has been in jail in Cuba
for more than four years has
gone on hunger strike, his
lawyer says.
Alan Gross, 64, said he began
fasting on Thursday to protest
his treatment by both the
Cuban and US governments.
Mr Gross is serving a 15year prison sentence for taking
internet equipment to Cuba.
The case of Mr Gross is
seen as a major obstacle to
better US-Cuban ties. The two
countries have not had formal
diplomatic relations since
1961.
Philippines
boat
carrying
passengers
from
Clara
Town
to
the
West
Point
Community on April 7, at about
9 a.m. capsized leaving three
dead and two in critical but
stable condition, police reports.
Liberian National Police
officers on the scene report that
five victims were pulled from
the Mesurado River, behind a
number of stores in Clara Town.
Amongst the five victims were
two women, one pregnant, and
three students who were all in
uniform.
All were women, whats
sad about it is that two of the
deceased were students because
you can physically see them in
their school uniforms, stated
an officer of Public Safety at the
LNP.
According to witnesses who
were preparing to fish along the
shore, the bodies of the deceased
began surfacing when one man
Celebration of 20
Years of Freedom,
exclaims a banner
in bold, electric print on the
website of the International
Press Institutes 2014 World
Congress opening up this
weekend in Cape Town, South
Africa.
The message couldnt be
any clearer, a then-to-now
perspective of the press freedom
campaigners historic 43rd
World Congress held in that
same city 20 years ago, on the
eve of South Africas firstever multi-racial, democratic
elections.
Two decades later, with
another
general
election
scheduled for May 7, much has
evolved in South Africa, the
media, and the world at large.
We recognize the significance
of this 20th anniversary of
the end of Apartheid, and
also acknowledge [two] other
significant
anniversaries,
Mashallah Shamsolvaezin
says IPI Executive Director
Alison Bethel McKenzie, the
20th commemoration of the
Rwanda genocide and the 25th
anniversary of the World Wide
Web.
Although the Congress and
63rd Annual General Assembly
are being held in Cape Town,
you can see that we have
issues to discuss that impact us
Kenneth Y. Best
Well also have some of the
most important and influential
media practitioners from Africa
and abroad.
Some of these influential
media practitioners have been
honored by IPI and named
World Press Freedom Heroes in
recognition of their courage and
resilience in fighting for press
freedom. There are currently
66 in all worldwide, the first
50 of whom were named and
ontserrado
County Senator
Geraldine DoeSherif is warning
her colleague Legislators that
unless they start to adequately
capacitate their staffers through
empowerment and build their
human resource capacity, the
Legislature is doomed to failure.
When we are elected as
Senators or Representatives we
do not have all the technical
knowhow or the knowledge
to run our offices effectively;
that is why we hire people to
form part of our staff to help
us run our offices. But if we as
Senators and Representatives
do not capacitate these people;
empower them, build their
human resource capacity, I think
we are doomed to failure.
Page 3
0886812888, 0886472772
www.liberianobserver.com
Page 4
BECAUSE EBOLA
KILLS MORE PEOPLE
FASTER THAN AIDS.
HUM... THE WE HAVE TO BE VERY
CAREFUL AS TO WHAT WE DO,
WHERE WE GO, WHO ENTERS
LIBERIA AND FROM WHERE.
Prevention Is Better
Than Closure
STANFORD Mosquito-borne
diseases kill millions of people
annually, and cause suffering for many
more. In 2012, there were an estimated
207 million cases of malaria, leading
to some 627,000 deaths. Dengue
fever is a leading cause of illness and
death in the tropics and subtropics,
with as many as 100 million people
infected each year. And there are an
estimated 200,000 cases of yellow
fever annually, leading to 30,000
deaths worldwide.
It takes only one bite from a diseasecarrying mosquito to transmit a
debilitating or deadly infection and
mosquitoes breed and multiply with
astonishing speed. Given that there
are no vaccines or drug treatments
for illnesses like dengue fever and
West Nile virus, and that treatments
for diseases like malaria are difficult
to access in many at-risk areas, more
effective mechanisms for controlling
mosquito populations are desperately
needed.
CommentsView/Create comment
on this paragraphThe good news is
that a promising new technology is
ready for field-testing. It is now up to
government agencies to facilitate its
development.
Today, the dominant method for
reducing insect populations the socalled sterile insect technique (SIT)
relies on radiation to sterilize males,
which are then released into infested
areas to mate. But this approach,
which has been used since the middle
of the last century, has not been
effective with mosquitoes, owing to
their fragility.
Advances in molecular biology offer
analogous but far more sophisticated
solutions. Using molecular geneticengineering techniques, the British
company Oxitec has created a new
DAILY OBSERVER
Page 56
BID NOTICE
Interested and suitably qualified companies or service providers in and around Monrovia may request complete tender
information from the IRC office located at:
Contact Person:
Operations Coordinator
Tel: +231 777302938
Submission of all Bids runs from Friday 4th April 2014 and
closes on Friday 11th April, 2014 at 5:00pm.
Only successful bidders will be contacted.
4/9/14 1:02 AM
Daily Observer
Advertisers Supplement
Page 68
The newly constructed Credit Union Bank built by CBL in Grand Kru County
The newly constructed Credit Union building that was delicated by Governor Mills
Jones
Governor Jones presents the key of the newly constructed bank in Grand Kru County.
Governor Jones cuts the rbbon to open the newly constructed bank in Fishtown, Rivergee County
Continued on pg 7
Daily Observer
Page 97
Governor Jiones presents the key of the newly constructed bank in Grand Kru
County
Citizens of River Gee County await CBL Governor Dr. Mills Jones
(L-r) CBL Director of Adminstration D. Sheba Brown, Grand Kru County official,
CBL Board of Governor John Bestman and Governor Mills Jones in Grand Kru
County
CBL Chief of Staff Crayton Duncan chats with CBL Executive Governor Mills Jones
Page 78
Advertise today!
Call: 0886472772
Email: Advertising@liberianobserver.com
Forward Liberia (Since 1981)
ewspaper market research in Liberia reveals that each copy sold is read by at least 4 to 10 other
individuals. As the newspaper with the highest print circulation in Liberia, we offer our advertisers
more value for their money. And through our website Liberianobserver.com, the Daily Observers pdf
version (as it appears in print) pitches your advertisement to thousands of Liberians in the Diaspora and many
other subscribers around the world who are seeking business and other opportunities in Liberia.
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Display ad design services are available upon
request. Please use the Advertising email address or
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Watch out!
Its coming!!
Its almost here!!!
The Central Bank of Liberia plans to launch the Secured Transactions and Collateral Registry in June 2014.
Operations of the Registry-The Registry will be operated and managed by the CBL. It is an electronic public
database that contains information on security interests in movable assets and secured parties priorities. The
Registrys main purpose is to give public information that a security interest exists in identified collaterals and
establish priority of secured parties based on the day and time of registration.
The Registry will provide three (3) basic services to the public as follows: Searches, Registration and Amendments of financing statements.
i.
Searches will be conducted on the Registrys database to find out if there are prior security interests
in the movable assets (properties) offered by the debtors as collateral for a loan.
ii. Registration of a financing statement in the Collateral Registry will give notice of a security interest
in a debtors collateral.
iii. Amendments will be done to add, change or delete information previously provided in a financing
statement through the submission of a financing change statement.
Enforcement-In the event of default (the debtor does not repay a loan), the secured party has the right to
enforce their security interest in the collateral. The debtor also has the right through a court order to suspend
enforcement if it believes that the secured party is damaging the collateral or has sold it for low value. The
Secured Transactions and Collateral Registry has its legal backing from Chapter 5 of the Liberia Commercial
Code of 2010 and The Secured Transactions and Collateral Registry Regulations issued by the CBL in 2013.
Benefits-The Registry will encourage access to finance through the use of movable assets and will bring
transparency to the credit environment. It will serve as incentive for secured parties to allow debtors especially
MSMEs to use movable assets as collateral to access finance. In this way, the Registry will significantly support the Governments Agenda for Transformation.
Target Groups-The Registry seeks to meet the needs of under-served MSMEs, women entrepreneurs, Factoring and Leasing Companies, Non-Bank Financial Institutions, individuals and etc.
Fees Payment- Under the Registrys operations, searches will be free, while registration and amendments of
financing statements will require service fees. The structure and method of payment will be communicated to
the public at a later date.
For further information or inquiry, please contact: Mrs. Euphemia Swen-Monmia on cell #: 0886590575
& 0777445144 or Mr. Fonsia M. Donzo on cell # 0886517614; or at the Regulation and Supervision Department, Central Bank of Liberia.
Page 9
he Central Bank
of Liberia has
once again taken
a major step to
enhance its financially
inclusive program across
the country. The latest
move by the Bank is the
construction and dedication
of credit union banks in
Grand Gedeh and River
Gee counties, in the
southeast of Liberia.
The two counties are
among the poorest in
Liberia, making access
to bank loans extremely
difficult. If made available,
interest rates on bank loans
in these counties could be
very high.
CBL officials, led by
Executive Governor J.
Mills Jones, drove to the
region last weekend to open
the two banks, which would
be used by registered credit
unions and village savings
r. Buno Nduka,
director
of
programs and
projects of the
Inter-Governmental Action
Group against Money
Laundering, has described
the act and terrorist
financing as activities that
undermine the stability and
integrity of the financial
system in West Africa.
Dr. Nduka made the
statement Tuesday, April
08, at a one-day financial
sector executive officers
dialogue meeting held in
Monrovia.
According to him, the
dialogue was intended
to provide a standards
framework to act against
criminals by clarifying
and strengthening existing
obligations and tackle the
threat posed by money
laundering and terrorist
financing in the sub region.
He said, As part of the
global efforts to ensure that
the financial system is not
misused for the purpose
of laundering proceeds
invaluable,
committed
and dedicated service
toward the empowerment
of Liberians through the
practical demonstration of
his indigenous approach
to building the Liberian
economy.
Mr. Chea noted that the
people of Grand Gedeh
were overwhelmed by the
financial and technical
support they have received
from the CBL through
its unprecedented loan
initiative
under
the
leadership of Dr. Mills
Jones.
Studies of performance
for Liberian businesses
after you took over as
Governor of the CBL up to
present reveal significant
transformations in contrast
to the past, he said.
Liberian businesspeople
have seen a new day. Access
to finance is no longer a
major issue; acquisition
of skills and knowledge
through capacity building
is a milestone achievement
that is accelerating the
achievement of ECOWAS
overall objectives, he
maintained.
For his part, the Director
for
Regulation
and
Supervision of the Central
Bank of Liberia (CBL),
Musa Kamara, on behalf
of Central Bank of Liberia
(CBL) Deputy Governor
for Administration, Charles
E. Sirleaf, told GIABA
members that President
Ellen Johnson Sirleaf
is fully committed to
strengthening the AML/
CFT of the country.
Money Laundering
Money Laundering is the
process where the proceeds
of crime are transformed
into ostensibly legitimate
money or other assets.
However, in a number
of legal and regulatory
Daily Observer
Wednesday, April 9, 2014
No Apology
not say to whom he was referring, analysts say that the 53rd
Legislature---whose members
tried to make something negative out of the widely applauded way he runs the Central
Bank---could not be as far his
target from these statements.
The lawmakers had turned
Dr. Jones into a folk-hero by
suggesting that his financial
method was shrouded in political aggrandizement. They
even went as far as orchestrating (arranging, scheming)
a recent amendment to the
CBL Act, mandating that CBL
governors with an interest in
elective positions resigned
from the Bank three consecutive years before plunging into
politics.
Passed
By Keith Morris
he House of
Representatives
finally
agreed with the
Liberian Senate Tuesday,
April 8, on setting a minimum
wage for Liberian workers.
The House agreed to set the
Boakai Wants
Page 10
West Point
he West Point
Townhall Construction Project held its first
board meeting
Friday, April 4,
at the new Evelyns Restaurant
in Sinkor.
Representatives of the township of West Point in the persons of the Commissioner,
elders and governors of the
various ethnic groups, the European Union, architects and
patrons of the project were in
attendance.
After welcome remarks by
West Point Commissioner, H.
Miatta Flowers, and an overview of the project by Mr.
Kenneth Y. Best, whose brain
child the project is, a corp of
officers was elected as follows:
Mr. Charles A. Minor, Interim Board Chair; Mr. Amos
Sie-Snowie, Kru Governor of
West Point, Vice Chair; The
European Union, Treasurer;
Ms. Nelly S. Cooper, representing the women of West
Point, Vice Treasurer; Ms.
Lindiw N. Khumalo, Board
Secretary; Mr. Isaac T. Rob-
Page 11
Fo
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ve ick
rt
ise bu
in sine
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is re
sp su
ac lts
e
,
Fo
r
ad qu
ve ick
rt
ise bu
in sine
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e
,
RENTON When
Liberian
NuKermeni
Kermah
came to Trenton
in 2003 to escape Liberias
second civil war and live with
her grandmother, shed never
picked up a tennis racket,
bounced a neon yellow ball or
watched a match.
But Kermah, then 8, saw
children playing the game on
the Cadwalader Park tennis
courts and eventually decided
to join in, she said.
We live right across the
street from the tennis courts,
so when it started to get warm
outside, Id just walk over,
said Kermah, now Trenton
Central High Schools senior
class president and girls tennis
captain.Tennis gives you
power when you dont really
feel like you have power. Its a
sport that makes you feel like
From Left to Right: Dave Haggerty- USTA CEO, President and Chairman, Trenton
Central High Schools Nu-Kermeni Q Kermah, Andy Murray- 2013 Mens
Wimbledon Champion, Norwalk Grassroots Tennis Participant, Bob & Mike Bryan
-No.1 Doubles team, Jean Laurent Bonnafe- CEO of BNP Paribas, Jerry SolomonCEO of Star Games, Novak Djokovic- Second ranked mens player, NYNJTL
participant, Harlem Junior Tennis participant, Gordon Smith- USTA Executive
Director. (Courtesy of Rob Howland)
youre the boss.
The 18-year-old, nicknamed
Q, is a member of the National
Junior Tennis and Learning of
Trenton. When its executive
director,
Rob
Howland,
learned the nonprofit was
going to be one of four
beneficiaries of the United
reception,
Kermah
met
top-ranked tennis players,
including Novak Djokovic,
Andy Murray and brothers
Bob Bryan and Mike Bryan, all
of whom competed at a recent
BNP Paribas Showdown at
Madison Square Garden.
Brothers John McEnroe, a
Hall-of-Famer, and Patrick
McEnroe, ESPN analyst
and USTA director of
player development, also
participated, Howland said.
Kermah said she was excited
to her meet her big-name role
models on center court.
Djokovic lived up to my
expectations even more. It
was like normal, and I had
conversations with them
and took pictures, Kermah
said. The experience was
overwhelming. I never thought
that this would happen to me.
It was a big deal.
Howland will not know how
much money the NJTL of
Trenton will receive until he
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PRICE: LD 40
By C.Y. Kwanue
n an attempt to fight
the deadly Ebola disease that would threaten post-war Liberia,
the Government of the
United States of America through its Embassy in
Monrovia, has pledged its continued support to the country.
In her opening remarks, U.S.
Ambassador to Liberia, Deborah Malac, gave the assurance
to delegates at the opening of
the High-Level Preparedness
Disaster and Response meeting
hosted Tuesday, April 8, at a resort in Monrovia.
Tuesdays meeting was hosted by the Government of Libe-
Top table participants at Tuesdays High-Level Disaster Response meeting pose for
photo shot
laboration between the United
States Agency of International
Development (USAID) and
AFRICOM helped lay the
foundation for Tuesdays event.
As you have seen over the
past weeks, the United States
and other donors and international organizations are coming
By Abednego Davis
request
by
state lawyers
to
re-arrest
and ignore a
US$1.5 million bail bond
secured on behalf of several
former managers of the Forestry Development Authority
(FDA), on Tuesday, April 8,
was denied by Criminal Court
C. That action by the Court
allowed the accused to walk
free pending final determination of the trial.
Prosecution asked the court
to set aside the US$1.5 million
bail bond tendered by Medicare
Insurance Company and the Insurance Company of Africa.
They argued that the bond
was insufficient considering
the over US$13 million allegedly stolen by the defendants
from government, requesting
them to double the amount they
have sued at the Court.
However, defense lawyers for
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Published by the Liberian Observer Corporation (LOC), 23 McDonald Street, P.O. Box 1858, Monrovia, Liberia; Tel: 06 812-888; 06 578476; and 06 472772;
Printed by the Observer Printing Press;
Bai S. Best, Marketing Manager; Lindiw Khumalo Yasiah, Business Strategist;
Publisher & Managing Director, Kenneth Y. Best.
April 9, 2014-edition.indd 2
4/10/14 12:30 AM