—–As NICOL SMELLS BLACKMAIL
IPNEWS: Contrary to earlier report of a payroll fraud at the National Insurance Company of Liberia (NICOL), an investigation conducted by the authoritative Independent Probe Newspaper, has established no wrong doing over payroll padding.
IPNEWS investigation reveals that four employees duly vetted by the civil service Agency (CSA) following their official employment on October 9,2025, are subject to a political plot.
According to the investigation,following the receipt of their employment letter on October 9,2025,: the Board of NICOL reached a decision on October 10,2025, putting a moratorium on further employment at NICOLE. However, the four were advised to wait until the Board would relax further employment which has now become a subject of the alleged payroll fraud.
Answering question on the alleged payroll fraud, NICOLE Acting Director General, Abdullah S. Sawray,, told IPNEWS that the allegation of Payroll were laughable as the four employees were duly vetted and upon notification of the Board’s action putting a moratorium on employment, he immediately informed the Board and advised the employees to stay clear of all employment duties until a decision of the Board would be made.
Mr. Swaray further told IPNEWS that he remains innocent of the allegations as it is a political plot by detractors seeking to undermine gains made at NICOL over the last six months since his takeover as Acting Director General.
He stayed that NICOL is now focus on rebranding the institution, to ensuring Liberian employees get a fair share of modern insurance benefits and structure as required by the Act creating the National Insurance Company of Liberia.
Swaray used the occasion to caution against the crab mentality currently prevailing in th country, stressing that Liberia deserves the best and when young professionals are called on board to help in the national recovery process, it would be in the beet interest to allow them work and contribute genuinely to the reform process led by H.E. President Joseph Boakai and not making politics of everything even when there’s no need.
“I’ve been just a subject of blackmail and falsehood. There’s no where, with a small employment like ours, especially with a vibrant Board of Directors NICOL will descend into such an imaginary allegation of Fraud and lest to say payroll padding.
I encourage those sparing such diabolical lie, to rethink, as NICOL has rebranded and is here to bring about real change and not propaganda.”Mr. Abdullah Swaray told IPNEWS.
