Monrovia, May 8 -- Former Liberian President Ellen Johnson Sirleaf has endorsed the launch of Modern Savings and Loans Microfinance Deposit-Taking Institution, calling on Liberians to support trustworthy financial institutions and urging a culture of transparency and accountability in the banking sector.

By Jahiem Tumu, Jaheim.tumu@frontpageafricaonline.com

Speaking at the launch event in Monrovia, Sirleaf praised Cllr. George B. Kailondo for transitioning his financial business into a regulated deposit-taking institution. She emphasized that while politics plays a vital role in setting policies, it is the private sector that sustains economic growth and community development.

"You have chosen to give back," Sirleaf told Kailondo. "If...