Liberia Loses Revenue as Illegal Goods Entry Thrives: Rampant Under-declaration and Tax Evasion Plague Border Trade

MONROVIA, Feb. 8 -- Liberia is hemorrhaging hundreds of thousands of United States dollars in revenue due to rampant illegal entry of goods and commodities, alongside deliberate under-declaration and underpayment of taxes and surcharges at various borders across the country.

By Lennart Dodoo, [e-mail]

FrontPageAfrica's attention was recently drawn to trucks that crossed from neighboring Sierra Leone into Liberia with 81,000 cartoons of soap and other consignment. According to a source at Bo Waterside, that one just one of many trips that truck had made to Liberia with goods to be sold on Liberian market without going through the necessary compliance check with Customs.

The truck with license registration number ...