Klinck added, “I’m hoping to help CBL Markets grow as environmental regulation shifts and new market opportunities arise.”CBL Markets (Colonial Bourses) provides market participants with access to the world’s environmental commodity markets. Julian W. Francis, Chairman. Mr. Francis is a former governor of the Central Bank of The Bahamas and brings a wealth of knowledge and experience to the Board. Grail manages The Chalice Fund which invested in CTXH last year and more recently into CBL Markets.Klinck was most recently Executive Vice President and Head of Global Strategy and New Ventures at State Street Corporation. Born in Todi on 10 November 1972, he is the legal representative of CBL Electronics and deals with the commercial sector. The indictment added that the CBL Board of Directors and others were in “flagrant disregard” to the Constitutional authority vested in the Legislature under Article (34) (d) to cause the printing of banknotes and minting of coins had already mandated Co-defendant Milton Weeks to enter into a contract on June 12, 2017 with Crane Currency to print L$10,000,000,000 Liberian dollars … He was one of ten Management Committee members reporting to the CEO, and in 2013, he founded State Street Global Exchange, the company's big data and analytics business. Putnam is Managing Partner of Grail Partners which he founded in 2005 after selling Putnam Lovell Securities to National Bank Financial in 2002. All the shareholders play operational roles and direct their respective sectors.
Those that have been indicted alongside Weeks are former board members David Farhat, Melissa Emeh, Elisie Dossen Badio, Kollie Tamba, Dorbor Hagba, Former Director of Finance, Richard Walker, former Director for Banking and Joseph Dennis, Director for Internal Audit.The indictment accuses the defendants of Theft of Property, Economic Sabotage, Fraud on the Internal Revenue of Liberia, Misuse of Public Money, Property or Record, and Illegal Disbursement of Public Money, Criminal Conspiracy and Facilitation.Earlier on Monday, Criminal Court Judge Yamie Quiqui Gbeisay had dropped criminal charges against Weeks before the new indictement was served on him.Judge Gbeisay’s decision to drop the charges against the former CBL governor was based on government lawyers’ application filed to the court to nullle prosequi (avoid prosecution) the case.Charles Sirleaf, son of former president Ellen Johnson-Sirleaf, was also declared free by the court in April after the government opted to drop charges against him.A password will be e-mailed to you.The second indictment accuses the former governor and five former officials of allegedly ordering the minting of an excess of two million Liberian Dollars printed by Crane Currency of Sweden and brought in the country.According to the indictment, “at a material time divers in 2017 either out of mischief or deception the Defendants allegedly ordered the destruction or discarding of some of the legacy banknotes from the vault of the CBL to remove them from circulation but the whole exercise turned out to be a complete charade only invented as a form of trick and artifice by Co-defendant Milton Weeks and the Board of Governors to mislead the public”.While Sirleaf, who was the deputy CBL Governor for operations at the CBL is now a free man, Weeks will now have to go through a legal battle against the government to clear his name.Welcome, Login to your account.The indictment added that the CBL Board of Directors and others were in “flagrant disregard” to the Constitutional authority vested in the Legislature under Article (34) (d) to cause the printing of banknotes and minting of coins had already mandated Co-defendant Milton Weeks to enter into a contract on June 12, 2017 with Crane Currency to print L$10,000,000,000 Liberian dollars banknotes at the cost of US$10, 121, 689.20 before receiving the July 2017 communication.Sileaf, Weeks and five others were indicted in 2019 following a United States funded investigation into the reportedly missing L$16 billion.