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Vol 52 No 23

Published 18th November 2011

Sierra Leone

Ferry fiasco dents Koroma’s standing

Anti-corruption momentum is slackening as the President gauges a growing political threat from the opposition

On taking office in 2007, President Ernest Bai Koroma vowed to run the country as a ‘business venture’. What he did not intend was the state social security and pension fund, the National Social Security and Insurance Trust (Nassit), losing US$20 million of its $100 mn. assets on the markets over the last two years. To many Sierra Leoneans, Nassit’s management woes typify business and government under Koroma.

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