Comium Liberia sold for USD18m, paper says

The Heritage newspaper reports ‘credible’ sources as saying that Liberian mobile network operator Comium Liberia has been sold to Lebanese businessman Mr George Abou Joaude for USD18 million. The unconfirmed source says that the influential entrepreneur, who works in Liberia, has close ties to the country’s ‘first family’, and that in fact Abou Joaude is acting as a ‘front’ for the first family in the alleged sale. The paper goes on to say that the sale of GSM operator Comium Liberia includes the assumption of local debt

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OVETEL Comium Liberia sold for USD18m, paper says