“Educated Fools”: Rep. Banks Attacks Former Officials Over Medtech MoU

By: Journalist Archie Ayouba Boan

Grand Bassa County District Two Representative Clarence Banks has launched a scathing attack on former officials of the administration of former President George Weah, accusing them of entering into what he described as a questionable agreement with Medtech Scientific Limited without conducting proper due diligence.

Speaking Monday during an interview on OK FM, Rep. Banks alleged that several former government officials, including former Finance Minister Samuel Tweah and former Justice Minister Frank Musa Dean, endorsed and signed a Memorandum of Understanding (MoU) with Medtech Scientific Limited under suspicious circumstances.

According to the lawmaker, the agreement was signed solely by officials of the former government without any visible signatory or representative from Medtech Scientific Limited, raising concerns about the legitimacy of the arrangement.

“This is the work of educated fools,” Banks said, criticizing those involved in negotiating and approving the deal.

The Grand Bassa lawmaker further claimed that investigations he conducted revealed that Medtech Scientific Limited does not maintain a physical office in the United Arab Emirates, where the company reportedly claims to be headquartered. Instead, he alleged that the company operates through a post office box address rather than an established corporate office.

Banks argued that the agreement has had negative consequences for Liberia’s business community, particularly importers. He contended that the company’s operations are placing significant financial pressure on importers by increasing the cost of doing business.

According to him, the additional costs associated with the arrangement are ultimately being passed on to consumers, contributing to the economic difficulties already facing many Liberians.

The lawmaker’s comments come amid ongoing public debate surrounding port-related agreements and trade facilitation contracts signed under previous administrations, with critics calling for greater transparency and accountability in government dealings with private entities.

As of press time, neither the former officials named by Rep. Banks nor representatives of Medtech Scientific Limited had publicly responded to the allegations.

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