The UN Panel of Expert report on the operation of the Liberia Petroleum Refining Company says the Chairman of the Board of the National Port Authority, Musa Bility is hugely indebted to the LPRC.
The report said Mr. Bility is the owner of Srimex Enterprise and Gulf Trading, two Petroleum importing companies operating in the country.
The UN Panel Report said during the first nine months of 2006, Mr. Bility paid only 125-thousand dollars out of three million dollars he owes the LPRC.
This was confirmed when a local radio station contacted Mr. Bility, he said he only owes the LPRC 130-thousand United States Dollars.
He describes the 130-thousand dollars owed the LPRC as negligible. Mr. Bility also said owing a company such as the LPRC was a normal thing in the business transaction.
He told Star Radio allegation that he owns two petroleum importing companies was incorrect.
Mr. Bility said he owns and operates one company, Srimex but collaborates with the Gulf Trading.
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