Monrovia, May 13 -- The Central Bank of Liberia appears to be under fire amid reports that top officials of the cellular giant MTN are in Monrovia looking to bypass government channels in direct avoidance of a CBL mandate for the company to set up a Board of Directors.

By Rodney D. Sieh

FrontPageAfrica has learned that the company has been avoiding the CBL's mandate over fears that MTN would not be able to secure a majority on the Board.

FPA has gathered that the CBL has repeated cautioned MTN demanded that a board be set up to no avail. In fact, MTN has been fined twice but instead of complying they have reportedly used background channels with top government officials to steer clear of the CBL's mandate.

In 2013, the CBL mandated M...