Lebanese Businessman Caught Smuggling Cash

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A man believed to be a Lebanese businessman named as Yusif Antar who was about to board a Royal Air Maroc flight, was allegedly in possession of the cash. He is currently helping the police in their investigations.

According to police, the man was allegedly found in possession of £60,375 (British Pounds);  Euro 254,100; and $368,414 (US Dollars).

The seized cash is being held at the Bank of Sierra Leone while investigations are ongoing.

This report comes just days after the newly-appointed acting Bank Governor – Dr. Kelfala Joe Kallon, told journalists at a press conference in Freetown that “our currency is under speculative attack.”

The acting Bank Governor was addressing journalists on the current status of the economy and some of the measures he intends to take – if approved by Parliament, to solve the financial problems which the President Bio led government inherited.