—- As Martin K.N. Kollie, Campaigners for Academic Crimes Court, Gets More Applause
IPNEWS: Mr. Deo Delanay, who lied and claimed to have an academic post-graduate degree in ‘Behavioral Finance,’ with a focus on ‘Investment Decisions’ from the prestigious Harvard Kennedy School of Government, has resigned from the Liberia Bank for Development and Investment (LBDI) as President.
Delaney’s resignation comes after he was busted by Martin Kollie’s Campaigners for Academic Crimes Court in series of transcripts, he provided that the Harvard College of Academic Integrity, viewed the paraded fake credentials by the now resigned LBDI President Deo Delaney, as ‘egregious academic fraud’.
A disclaimer issued by Harvard University stated that “LBDI President Deo Delaney did not complete any Postgraduate Studies in Behavioral Finance” at the Kennedy School of Government.
Announcing their decision on Tuesday, December 6, 2022, to replace Deo with Mr. Mark Akwenah Nyeamene, Jr, as Acting President of the Bank, the LBDI Board of Directors, chair by Finance Minister Samuel D. Tweah, Jr., said, “In December 2021, the Board of Directors of the Liberian Bank for Development and Investment (LBDI) engaged the services of a recruitment firm to search for suitable candidates for position of President/CEO of LBDI. That exercise identified Mr. Deo Z. Delaney as a suitable candidate for the position, following which the Board selected Mr. Delaney as President/CEO.
“It has however come to the attention of the Board that there were inaccuracies in the academic qualifications supplied to the recruitment firm. As a result of this anomaly Mr. Delaney has tendered his resignation which has been accepted by the Board.
“Effective December 6, 2022, the Board has designated Mr. Mark Akwenah Nyeamene, Jr., the General Manager/DCEO, as Acting President/CEO of LBDI. The public is encouraged to accord Mr. Nyeamene the due courtesy in the performance of his duties while the Board takes the next steps to recruiting a new President/CEO.
“The Board assures the general Public, particularly our customers, our shareholders, that LBDI remains strong in its operations and that depositors’ funds are safe and secure. Also, LBDI continues to retain a competent and highly dedicated workforce to deliver the excellent banking services it is known for.”
