The Central Bank of Liberia (CBL) has commented on the brouhaha surrounding the $20 million that was recently transferred to Ghana's central bank, the (BoG), after the Member of for North Tongu, , leaked documents of the transfer. In a statement issued on Wednesday, August 28, 2024, which was sighted by GhanaWeb, the CBL confirmed that it owns the $20 million transferred to the BoG. The Central Bank of Liberia explained that the money was transferred to Ghana's central bank as part of an existing arrangement for the BoG to provide overnight custody of its cash imports. "The importation of United States dollars is part of the Bank's normal function, which is required to meet the needs of the economy, including the USD withdrawal demands and needs of the Government of Liberia and the commercial banks. "CBL and the (BoG) have a long-standing Cash Custody Agreement executed for the BoG to provide overnight custody for CBL imported cash when shipped from London by Travelex Currency, which is an international currency shipment company," part of the statement reads. It added, "These cash shipments by flights are cleared through both the Ghana and Liberia Customs, thus validating their legitimate sources. The CBL once again emphasises its commitment to transparency and accountability and encourages the media to always reach out to the Bank to verify any information about the Bank's operations before publication." Background: The Member of for North Tongu, , raised concerns about the transfer of $20 million to the without what he describes as consistent documentation.