The Inquirer
Monrovia, Liberia

Distributed by

The Perspective
Atlanta, Georgia

Posted May 13, 2004

The Chairman of the National Transitional Government of Liberia, Charles Gyude Bryant, yesterday received and accepted the resignation of the Executive Governor of the Central Bank of Liberia, Mr. Elie Saleeby, with immediate effect.

At the same time, it has pleased the Chairman to appoint Mr. Charles A. Greene, as Acting Executive Governor of the Central Bank with immediate effect pending the appointment of a substantive Executive Governor of the Bank.

Mr. Saleeby has been serving as the first Governor of the Central Bank since its establishment in 1999.
Mr. Greene served as the first Governor of the erstwhile National Bank of Liberia. He is also a member of the Board of Governors of the Central Bank of Liberia.

Although the reason behind Governor Saleeby’s resignation is unknown, observers believe that this action may have come about from mounting pressure on NTGL Chairman Bryant in recent times from leaders of warring factions, some political parties and civic society groups regarding the removal of Governor Saleeby.

With Chairman Bryant bowing to pressure for CBL’s Executive Governor removal, many are wondering as to whether he will pay heed to LURD’s pressure for the replacement of Finance Minister Lusine Kamara. “If this happens, then I see the Comprehensive Accra Peace Accord standing the risk of being jeopardized. I see us going back to the days of Wilton Sankawolo led- LNTG where warring factions just got up and change their nominees because of personal differences.” a political observer noted.