Liberia: Following Allotment of Huge Salaries to Executives, NOCAL Concedes Bankruptcy, Calls for Merger?

Jun 10, 2015 | Cholo Brooks, GNN Liberia
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The National Oil Company of Liberia (NOCAL) is said to be on the verge of collapse due to the departure of millions of dollars oil firms from the country, a situation that has given reason which that entity should layoff dozens of its employees, according to our investigation.