Monrovia, Jan. 27 -- J. Aloysius Tarlue, Jr., the suspended Executive Governor of the Central Bank of Liberia (CBL), has voluntarily withdrawn his lawsuit against the Government of Liberia following a financial settlement reportedly worth $375,000.

Sources close to Tarlue have confirmed that he accepted the settlement, which also includes additional unspecified benefits, in exchange for discontinuing his legal challenge against his suspension from office.

Tarlue had filed a petition for a writ of prohibition, contesting his removal from the Central Bank. He initially argued that the suspension was unlawful and politically motivated, claiming that the government's actions were unconstitutional.

Given Tarlue's central role in managing t...