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FEATURES  

US$100,000 Squirreled in 7 days!
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Nov 13, 2012, 17:04
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Back in April of this year, Awareness Times publicised contents of an SLPP Government Cabinet Paper prepared for discussion in September 1996. It was prepared by then Attorney-General Solomon Berewas Office. It concerned misappropriation of sales of the countrys passports as discovered by SLPP Kabbahs Government when they took over from NPRCs Julius Maada Bio. A section of the Cabinet paper reads as follows:

 

The proceeds of the sale of the passports were to be deposited in an Investment Account in Hong Kong to be operated by the Government of Sierra Leone for investment purposes To effect the programme, an agent was appointed by NPRC whose business was to sell the passports

 

Furtheron, President Kabbahs Government (SLPP) Cabinet Paper then states:

 

At that time, the agent was Mr. Frank Yiu, a national of Hong Kong, who has already worked out a number of investment programmes in Sierra Leone. He had planned to establish in Sierra Leone enamel and battery factories and a high quality television station.

 

Unfortunately, according to SLPP Kabbahs Cabinet Paper by Solomon Berewa,

 

All these prospective investments did not materialize because the authorities did not give the programme a chance. They made incessant demands on the agents to pay them cash or transfer monies into their respective foreign accounts.

 

As can be seen on this page, in just 7 days in December 1994 alone, Julius Maada Bio received three payments squirreled into his offshore bank accounts in the UKs Channel Islands. Thus SLPP Kabbah Governments Cabinet paper was quite correct to speak of incessant demands. Indeed, this aspect of the ongoing Squirrelgate saga has been dubbed as the SEVEN DAYS WONDER.

 

$20,000 + $30,000 + $50,000 = $100,000 squirreled into Bios Bank Account in just 7 days. This was from mere passport sales. Julius Maada Bio during the NPRC could actually squirrel US$100,000 from sales of Sierra Leones passports in just seven days. Now in 2012, Sierra Leone is rolling in rich Iron Ore and has struck possible oil. If he could squirrel the little proceeds from our passport sales, what will NPRC's Maada Bio do if he gains presidential access to our Oil and Iron Ore?

 

Food for thought as we still eagerly await Mr. Bios explanation to us as to why we should trust him with our countrys brand new Oil and Iron Ore industry? As our Elections date of November 17th 2012 looms, we are yet to hear whatever Julius Maada Bio has to say.


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