When President Joseph Boakai took over, he pledged to crack down on corruption.
On Monday, the five former officials were indicted for economic sabotage, illegal disbursement and expenditure of public money, criminal conspiracy and other charges.
City Court in the capital, Monrovia, subsequently issued warrants for their arrest.
Three of the men – former national security adviser Jefferson Karmoh, state prosecutor Nyenati Tuan and accountancy boss at the Finance Intelligence Agency (FIA), Moses Cooper – were unable to pay bail and have therefore been detained in Liberia’s central prison.
They or their legal representatives have not yet commented on the allegations.
Mr Tweh and former FIA chief Stanley Ford are yet to be arrested – the police are unsure of their exact whereabouts.
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