Monrovia, June 2 -- The Central Bank of Liberia (CBL) is under growing scrutiny for its persistent delays and apparent reluctance to enforce key regulations governing the ownership structure of Lonestar Cell MTN's Mobile Money service. The controversy has intensified following reports that foreign shareholders of the company held a private meeting with President Joseph Boakai, raising serious transparency and governance concerns.

The issue erupted after President Boakai, during a recent cabinet meeting, revealed that while on a trip to Accra, Ghana, an investor linked to Lonestar Cell MTN informed him that a 20% stake-reportedly intended for the Government of Liberia-was instead held by private Liberian individuals.

In response, Presid...