From Awareness Times Newspaper in Freetown

Breaking News
Sierra Leone's Bank Governor to be sacked by new President
By Awareness Times
Oct 16, 2007, 22:13

Governor of the Central Bank of Sierra Leone, Dr. James D. Rogers and his deputy, Alhaji Mohamed Fofana may soon be thrown out of their offices by the new All Peoples Congress (APC) Government, bank sources disclosed this evening.


Our sources say that President Ernest Bai Koroma was recently said to have held meetings with the duo asking them to prepare for their exit.


Our credible bank sources also confirmed that if Rogers is removed, he was to be replaced by Dr. Samura Kamara, the former Financial Secretary who is currently in town on a sabbatical from his plum job in Washington DC as an IMF Executive.


In the case of the Deputy Governor, Alhaji Fofana, our sources say he might be relieved by Ms. Andrina Coker, a senior Director at the Bank or one banker known as Foday Mansaray who is said to be an APC supporter from somewhere in the Diaspora. These two names of Coker and Mansaray are however unconfirmed.


Our sources however confirm that President Ernest Koroma has told both Rogers and his Deputy that he does not want them on his new financial team and even wants them to resign voluntarily a move they are both said to be resisting.


Meanwhile, the nominated Minister of Finance, David O. Carew this afternoon passed through the Appointments Committee in Parliament where he was approved by APC, SLPP and PMDC members in the Committee. David Carew should now face the General Body of Parliament on Thursday where it is expected he would be speedily approved.


As we went to press, efforts to get the two Central Bank bosses to comment on the pending decisions proved futile but both Samura Kamara and Andrina Coker were reported to currently be in America attending an international financial meeting on behalf of the Central Bank. David Carew is expected to join them in Washington DC at a World Bank meeting as soon as he gets approved on Thursday as Sierra Leone’s new Minister of Finance & Development.

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