That resolution calls for the creation of a similarly mandated Panel and imposes a travel ban on Mr. Taylor’s inner circle, as well as any other individuals “posing a threat to the stability and security in Liberia and the subregion”. Today’s Council action followed a closed-door meeting held last week to consider the report of the previous Expert Panel, whose mandate expires today. The Panel, which conducted assessments in West Africa and elsewhere between February and June, discovered that Mr. Taylor may have substantial hidden assets in Liberia and Nigeria, and that he retained ties to a large Liberian cell phone company.