Bong County Senator Henry W. Yallah
Senator Yallah Warns Against False Accusation
By Ballah M. Kollie, LINA
MONROVIA, September 10 (LINA) – Bong County Senator Henry W. Yallah is warning against the indictment of public officials without according them due process.
Appearing on the ELBC ‘Super Morning Show’ Thursday, Senator Yallah vowed not to join the fray of indicting officials of the National Oil Company of Liberia (NOCAL) for financial impropriety in the absence of an audit report.
He noted that though the situation at NOCAL is saddening, it will be prejudicial to jump to conclusion that the management team of the company swindled its resources.
“Though this might be an economic waste to the country, the situation at NOCAL for me is a learning experience, especially to the extent at which it affects the country,” Yallah noted.
He pointed out that NOCAL contributed over US$100 million to the country’s economy through the sale of data, oil blocks, signature and other fees, noting that its fall cannot be attributed to an individual management team in the absence of an audit report.
Meanwhile, Deputy Information Minister for Public Affairs Isaac Jackson Thursday made similar assertion, arguing that under business judgment rule, the board of directors cannot and must not be penalized for making decisions that may turn out to be poor in the absence of evidence.
He noted that while keeping the conversation partakers must give consideration to 'the business judgment rule'.