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Criminal Court C. wants CBL validate defendants bonds

Fabine W. Kwiah/ Jos Garneo Cephas Sr.
The Central Bank of Liberia
The Central Bank of Liberia

MONROVIA, LIBERIA - The Criminal Court C, is requesting the Central Bank of Liberia (CBL), to appear before it and establish the validity of bonds filed by defendants Charles Sirleaf, Richard Walker, Joseph Dennis and Dorbor Hagba.

The submission of the bonds was spread by the defense team mandating the CBL to verify and to see whether the insurance company in question, has the amount of money given the defendants as sureties.

The CBL is the regulatory body to issue licenses to insurance companies, as to whether they are register and pay taxes among others.

Defendants Richard Walker, Joseph Dennis and Dorbor Hagba, secured a cash bond worth US$600,000 from the Accident and Insurance Company of Liberia (ACICO); while defendants Milton Weeks initially secured property bonds from Benoni Urey and Angelique Weeks as sureties to bail him out temporarily.

Earlier the court on Tuesday, May 21, 2019 the defense lawyers of the accused asked for joinder or consolidate their motion for justification, that will indeed bear the same crimes charged, when it is expedient that they join, to give way to speedy trail.

Mr. Benoni Urey took the witness’ stand and told the court that the property in question was brought a decade ago and has been in the process from the date of purchase and taxes owned government have been duly paid.

Mr. Urey in his testimony said he has consented for the property located on Police Academy Road, to be used as surety for defendant Milton Weeks.

For her part, Angelique Weeks, she told the open court, that the said property was given to her by her late mother, when according to her the property was acquired by her mother in 1959.

Madam Weeks, said the structure of the property valued through an appraisal by the Liberia Revenue Authority (LRA) in 2012 and have been playing taxes on said property, from the date of valuation.

Benoni Urey, Angelique Weeks, Dewitt and Rhonda VonBallmoos, are sureties, standing for defendant Milton Weeks. Two took the stand and Dewitt VonBallmoos and his wife is expected to justify the bond.

In March of this year, the five CBL officials were indicted by the Government of Liberia and charged with economic sabotage, criminal conspiracy and criminal facilitation, in connection to over two million Liberian Dollars.


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