Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    LIBERIA: Jeety Extends Lifeline to Weala Family Displaced by Towel Hill Fire

    February 6, 2026

    LIBERIA: Supreme Court Summons Prophet Key Today

    February 6, 2026

    LIBERIA: Senate Weighs President Boakai’s Push to De-Ratify TIA/LTA Contract Amid Procurement Fraud; Eyes Renegotiation

    February 6, 2026
    Facebook X (Twitter) Instagram
    • Health
    • Business
    • Finance
    • Education
    Facebook X (Twitter) Instagram Pinterest YouTube
    Independent Probe News
    • Home
    • Judiciary
    • International
    • Politics
    • Picks
    • Opinion
    Subscribe
    Independent Probe News
    Home » CMC Political Risk Jail-Sen. Price Moye Hints
    Business

    CMC Political Risk Jail-Sen. Price Moye Hints

    Chester SmithBy Chester SmithSeptember 10, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bong County Senator Price Moye has hinted that the Citizens Movement for Change (CMC) Political Leader, and Businessman Musa Hassan Bility risk jail sentence if he fails to remit rental fees owed to the Government of Liberia for the use of the China Union Petroleum Storage Facility, a development that could potentially land him behind bars.

    According to Bong County Senator, citing provisions of Liberia’s National Revenue Code, any concession company that builds a storage facility at the Liberia Petroleum Refining Company (LPRC) and subsequently leases it out is required to pay 10% of all revenue generated from that facility.

    The China Union petroleum storage tanks, with a massive holding capacity of 5.28 million gallons, fall under this arrangement. Bility, who reportedly took control of the facility as its renter, is therefore legally obligated to pay the Government of Liberia 10% in rental fees. However, allegations indicate that since assuming control, he has not remitted a single payment.

    Revenue estimates suggest that if the facility is utilized twice a month—holding more than 10.56 million gallons in total, the government’s 10% share could reach at least US$1.05 million annually. This has fueled speculation and public concern over where the money has gone.

    Critics are now questioning whether Liberia’s rental share is being diverted to China Union or into private hands. The controversy has sparked renewed calls for accountability, with observers insisting that if Bility fails to honor his obligations, the government must pursue full legal action.

    Analysts warn that how authorities handle this matter will serve as a litmus test for the administration’s commitment to transparency and the rule of law in managing state resources.

    Loading

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous Article‘Ignorant Lairs’, Simeon Freeman Fires BACK at Critics
    Next Article Konbah Leadership Academy Launches New Academy Year
    Chester Smith

    Related Posts

    LIBERIA: Jeety Extends Lifeline to Weala Family Displaced by Towel Hill Fire

    February 6, 2026

    LIBERIA: “MRUYP_LC Montserrado Caucus Defends Atty. Kruah’s Nomination as Minister of Youth and Sports Amid Criticism”

    February 4, 2026

    Commerce Ministry Closes Over 30 Shops in Monrovia for Hiking commodities Price

    February 3, 2026

    Comments are closed.

    Editors Picks

    Farmers in Eight Counties Get 500K To Accelerate Rice Production  

    September 6, 2025

    LIBERIA: Dr. Robtel Neajai To Become UL New President

    January 2, 2025

    House Summons Foreign Affairs, MOJ, NIC to Appear Over Chaotic Ivanhoe Deal

    November 30, 2025

    PROGRAM MARKING THE OFFICIAL GROUND BREAKING and HAND-OVER OF LAND FOR THE CONSTRUCTION OF AN ECOWAS PROPOSED JOINT BORDER POST PROJECT BETWEEN LIBERIA AND SIERRA LEONE

    December 10, 2025
    Top Reviews

    Youth Group Runs to Simeon Freeman’s Defense

    By Chester Smith

    Youth Empowered by Eco-Brigade Initiative in Gbarpolu and Rivercess

    By Austine Newman

    Yarkpah Town Welcomes Newly Constructed Solar-Powered Water Facility

    By Chester Smith
    Advertisement
    Demo
    Our Picks

    LIBERIA: Jeety Extends Lifeline to Weala Family Displaced by Towel Hill Fire

    February 6, 2026

    LIBERIA: Supreme Court Summons Prophet Key Today

    February 6, 2026

    LIBERIA: Senate Weighs President Boakai’s Push to De-Ratify TIA/LTA Contract Amid Procurement Fraud; Eyes Renegotiation

    February 6, 2026

    LIBERIA: Hon. Prescilla Abram Cooper Pushes case of Constituents

    February 6, 2026
    • Facebook
    • Twitter
    • Instagram
    • Pinterest
    Don't Miss

    President Boakai Appoints to Rural Renewable Energy Agency Board; Renominates Commissioner of the Beawor Administrative District

    By Chester SmithFebruary 4, 2026

    IPNEWS: President Joseph Nyuma Boakai, Sr., has appointed Mr. Lincoln Togba Kollie, Jr. as a…

    Loading

    LIBERIA: SUPERINTENDENT ALEX GRANT SHOULD LEAVE OUR COUNTY NOW; HE IS CURRUPT.. CONCERN CITIZENS OF GRAND GEDEH COUNTY DECRIED.

    February 3, 2026

    LIBERIA: CDC Youth League Condemns Home Demolition

    February 3, 2026

    LIBERIA: CENTAL Welcomes Anti-Corruption Measures, Flags Accountability Gaps in Boakai’s Third SONA

    February 2, 2026
    Copyright © 2024. Designed by Austine Newman.
    • Home
    • Judiciary

    Type above and press Enter to search. Press Esc to cancel.