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10-Mar-2017

NOCAL Rejects Baseless Allegations About its Finances

(Monrovia March 9, 2017) The Interim Management Team (IMT) of the National Oil Company of Liberia (NOCAL) rejects recent allegations in the media about the finances of NOCAL and how they are being managed. Senator Dallas Gueh of Rivercess County has accused the IMT of spending USD 1million as annual personnel cost, and making unnecessary and expensive travels; while other media institutions have published reports about NOCAL being allotted funds in the 2016/2017 national budget. These allegations are a deliberate falsification of the facts and have no basis whatsoever. We challenge those making the allegations to provide evidence in support of their claims or render an apology for misleading the public.

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