HomeGOLFronting is criminal-Commerce Minister Tarpeh

Fronting is criminal-Commerce Minister Tarpeh

MONROVIA, LIBERIA (Daniel Ankrah)-Commerce Minister, Wilson Tarpeh, says a bill has been drafted to criminalize fronting.

Minister Tarpeh said:” Many Liberians are intentionally fronting for foreign businesses to deny government of its needed revenues.”

Speaking with ELBC Wednesday, January 22, 2020, the Commerce Minister disclosed that the Ministry will also bring into force a law known as piercing the Corporate Veil. 

Minister Tarpeh said:” It is a process that will expose Liberians engaged in helping foreign businesses to defraud government.”

Meanwhile, the Commerce Minister said a team of inspectors are out on the field making sure that the prices of petroleum products are not inflated.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot this week

Gov’t of Liberia Validates Nat’l Framework…

MONROVIA, LIBERIA-The Government of Liberia has validated a national...

Pres. Boakai Emphasizes Gov.’s Pursuit of Peaceful Resolution to Liberia-Guinea Border Dispute

MONROVIA, LIBERIA-President Joseph Baoakai has emphasised that the Liberian...

Gov’t of Liberia Names Nat’l Coordinator for Liberia’s Second Compact Dev. Under Millennium Challenge Corp. (MCC)

MONROVIA, LIBERIA-The Government of Liberia has named Allieu Fuad...

Gov’t of Liberia to Commission 20 Megawatts Solar Farm

MONROVIA, LIBERIA-The Government of Liberia has announced activities leading...

Public Works Ministry Receives High-Level Japan International Agency Delegation

MONROVIA, LIBERIA-The Public Works Ministry has received a high-level...

Related Articles

Popular Categories