FORMER VP BOIKAI EXPRESSES CONCERN OVER THE OUTCOME OF GAC AUDIT AT NRF, WANTS WEAH TO IMMEDIATELY GET TO THE BOTTOM OF THE ALLEGATION

The former vice president of Liberia and political leader of the opposition Unity Party has expressed concern over the outcome of an audit conducted on the account of the National Road Fund by the General Auditing Commission covering two fiscal years, July 1, 2018 to June 30, 2020. The audit revealed that nearly 25 million U.S dollars is unaccounted for.

In a social media post issued Thursday May 19, 2022, the former VP is quoted as saying”I am deeply concerned about the outcome of an audit conducted on the account of the National Road Fund by the General Auditing Commission covering two fiscal years, July 1, 2018 to June 30, 2020. The audit has revealed that nearly 25 million U.S dollars is unaccounted for”.

According to him in the GAC’s report revealed that the Liberia Revenue Authority collected over US$53 million within the period under review, and deposited the amount in the Consolidated Fund Account instead of the National Road Fund Account. Which he said is a total violation of the act of 2016 establishing the National Road Fund.

He also stated that the Weah’s administration has to tell Liberians what happened to the US$24,866,637.54 that was not remitted. Noting that the GAC’s report indicate that of the $US 53M, the Ministry of Finance and Development Planning remitted only US$28,152,231 to the National Road Fund.

He went on to say that section 2.2 of the NRF law clearly requires that -“All funds of the NRF shall be held in the Fund Account from which disbursement shall be made solely for the purpose of financing the approved Annual Road Maintenance Expenditure Program and directly related costs as hereby required in this Act.”

He is further quoted as saying”I must also say, I am aware that the National Budget law for 2018/2019 increased the fuel levy from 25 cents per gallon to resource the NRF to 30 cents paid on every gallon of fuel purchased in the country. This tax is paid by ordinary Liberians, every motorist, who deserve to know how their tax dollars are being spent”.

Meanwhile, the former VP has called on President George Weah to immediately get to the bottom of the allegation, as Liberians can no longer watch this swept under the carpet. He asserted that president Weah has to ensure that his administration properly accounts for the remaining amount not remitted to the NRF’s account in keeping with the NRF law, as reported by the GAC.

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