Taylor out but not down
The week's news at a glance.
Liberias deposed president, Charles Taylor, is still meddling in his countrys affairs from exile in Nigeria, diplomats said this week. Violating the terms of his asylum, Taylor has been repeatedly phoning his handpicked successor, Moses Blah, and calling in debts from Liberian businessmen. Taylor is believed to have looted as much as $1 billion from state-run industries during his nine-year rule, and he may still be profiting from the countrys flag of convenience arrangements. Liberia earns $24 million a year by registering 70 percent of the worlds cargo ships under its flag. Which bank account is that money going into? asked Jacques Klein, U.N. envoy to Liberia. Well need to figure that out.