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Chambers Wants Issue Of Mutilated.....
Date Uploaded: Aug 10, 2015

Maryland County Representative Dr. Bhofal Chambers
 

 

Chambers Wants Issue Of Mutilated Notes Addressed
By Hilary Vasco Wiagbe

MONROVIA, August 7(LINA)-Maryland County Representative Dr. Bhofal Chambers has requested the Lower House to invite heads of all commercial banks operating in Liberia in order to address the issue of mutilated monies.

Dr. Chambers noted that the issue of mutilated monies or torn bills is not only an economic but also a social problem as the refusal of these notes by the business community from the consuming public usually results into bitter arguments sometimes culminating into fist fights.

In a letter to House Speaker J. Alex Tyler dated August 5, 2015, the Legislator said predicated upon the foregoing, it would be prudent were the all heads of commercial banking institutions to appear before Plenary to provide explanation on the issue which he termed as “serious.”

The Legislator believes the "settlement of this volatile socio-economic problem will definitely curtail the high tension between the consuming public and the business people.”

Plenary turned the communication over to the House Committee on Banking and Currency for review and recommendations after it was read in Session on Thursday.

The Committee is mandated to report to Plenary within two weeks.
LINA/HVW/TSS
 

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