27 August 2013

Liberia: Eco-Bank, LPRC, Others Submit Subpoena Documents to Court

Several entities subpoenaed by the Criminal Court "C" in the ongoing economic sabotage and theft of property case involving the former Managing Director of the Ducor Petroleum Inc. Mr. Amos Brosius, have submitted their subpoena documents.

The Criminal Court "C" is situated on Capitol Hill, Monrovia. It can be recalled that these documents were requested by the Prosecution to be used as its documentary evidence against the defendant, Mr. Brosius.

The defendant was indicted on several counts for the crimes of Theft of Property, and Economic Sabotage. But he has since denied these charges.

The entities that submitted their documents include: Firestone-Liberia, Liberia Agriculture Company (LAC), the Liberia Petroleum Refining Company (LPRC) and Eco-Bank Liberia Ltd. Among other things, the subpoena documents state the business transaction between Ducor Petroleum Inc. and the various entities subpoenaed by the Court.

Taking the witness stand, Firestone-Liberia through its Legal Counsel, Cllr. Amara Sheriff, said the presentation of the documents is in obedience to the subpoena Duces Tecum served on the Management of the company (Firestone-Liberia) to produce all relevant documents relating to and arising from the business transaction between Ducor Petroleum Inc. and the Firestone Management.

According to him, the documents cover business transactions between Ducor Petroleum Inc. and Firestone-Liberia between January 2007 to and including April A.D. 2013.

Also taking the stand, the representative of the Liberia Agriculture Company (LAC), Mr. Winston Borbor, presented some delivery orders and payments made thru various banks, including Ecobank, Globa Bank, LBDI, and UBA bank from the business transaction between LAC and Ducor Petroleum Inc.

The transactions, he noted, cover payments and the delivery orders between August 2007-March 31, 2013. Mr. Mohammed Aleu Passewe, who represented Eco Bank-Liberia, told the court that the subpoena relating to two accounts of Ducor Petroleum Inc. is a detailed account statements covering the period of January 2006 up to April 2013.

"I have copies of the signature specimen to include the signing mandate of the specified signatories," the Eco Bank Liberia representative told the court.

For his part, Mr. S. Witness Doryan, who represented the LPRC, pointed out the entity (LPRC) was created by an Act of Legislature to import, refine and distribute petroleum and products throughout the country.

He said as the result of the war, which left several entities including LPRC vandalized, some of the rights of LPRC were temporarily given to entities including the Monrovia Oil Trading Company (MOTC) to import and distribute petroleum product on behalf of LPRC.

Mr. Doryan further told the court that the sole duty of LPRC is to store the products that have been imported by these entities, noting, and these entities in turn give the products to distributors like the Ducor Petroleum Inc. to sell them.

He presented some documents of business transaction covering the period between October of 2011, to November of 2012 to the court.

However, he was quick to point out that the documents on hand were inadequate due to the inability of past managements to computerize their business transactions.

But the court in its wisdom gave the management of LPRC a one- week ultimatum to presents all of the necessary documents as it relates to the business transactions between LPRC and the Ducor Petroleum Inc. management.

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