Mr. Watkins, the Union said initiated and managed criminal negotiations that led to the waiver of ninety percent of debt owed the New Vision Newspaper by the Central Bank of Liberia (CBL).
The resulting check of U$628 issued in the name of the newspaper was also fraudulently encashed at the Central Bank of Liberia by Mr. T. Benedict D. Togbah of the Public Agenda Newspaper with the aid of some CBL staff on the instruction and supervision of Watkins.
According to a PUL release Watkins has failed to provide the leadership of the Union with details of the transactions done with the CBL.
Meanwhile, the Press Union has declared Mr. T. Benedict D. Togbah an undesirable element to Liberian journalism for allowing himself to be used as a pawn in the scandal.
The Union insists that Journalism in Liberia will be jealously protected against emerging criminal gangs within and outside of its ranks, and as well build barriers against anti free speech
The PUL asserts that it is deeply troubled by the organized theft at a time when the media economy is in need of every penny in revenue to innovate growth in the sector.
Moreover, the PUL has already sought the cooperation of the Central Bank to determine other affected parties and accomplices in this scandal.
The PUL is also urging the Bank and journalists concerned with the syndicate to quickly provide documents that will lead to the speedy closure of the matter.