Liberia: U.S.$770m Fake Debts

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

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