Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    UNDP and Orange Liberia Explore New Frontiers to Unlock Youth Potential Through Technology

    August 1, 2025

    No Assets, No Pay: Ombudsman Recommends Suspension of Dozens of Lawmakers

    August 1, 2025

    DEATH ANNOUNCEMENT

    August 1, 2025
    Facebook X (Twitter) Instagram
    • Health
    • Business
    • Finance
    • Education
    Facebook X (Twitter) Instagram Pinterest YouTube
    Independent Probe News
    • Home
    • Judiciary
    • International
    • Politics
    • Picks
    • Opinion
    Subscribe
    Independent Probe News
    Home » Ecobank’s US$700K Case Postponed Indefinitely
    Business

    Ecobank’s US$700K Case Postponed Indefinitely

    Chester SmithBy Chester SmithDecember 24, 2024Updated:December 25, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    IPNEWS: Ecobank Liberia’s US$700,000 trial at the Civil Law Court annex ‘B’  has been indefinitely postponed, Judge Scheaplor Dunbar decided on Monday.

    The bank, co-defendant, previously had been scheduled to go to trial on Monday, December 23, in the libel case brought by Wilmot Smith, former Deputy Director for information and Coordination at the Liberia Institute of Statistics and Geo Information Services (LISGIS), but the prosecution and defense had both acknowledged that date would need to be delayed.

    Judge Dunbar said on Monday the trial would no longer begin December 23 but did not set a new date.

    Smith is seeking US$500,000 as general damages and US$200,000 in punitive damages, on the basis that an employee of the bank, Yussif S. Kromah (co-defendant), who released an alleged misinformation implicating the plaintiff to the illegal withdrawal of monies from the Population Census fund intended to pay enumerators.

    It can be recalled that the defendant bank submitted its key documentary evidence, the Liberia Institute of Statistics and Geo Information Services (LISGIS) statement of leaked investigation. 

    At the heart of the investigation, Yussif S. Kromah, the bank Reconciliation Officer assigned to the Card Operation Department, accused of leaking information of LIGIS’s account details to Mr. Alex Williams, Deputy Director for Statistics, at LISGIS, who is not authorized by LIGIS, and a non-signatory to the account.

    The document alleges that Williams manipulated the account details for his personal and selfish aims, except for the bank-client privilege. They argued, for instance, that Williams shared the account statement with the Spoon TV social media platform, one of the widely listened to talk show programs, outside of the country.

    The investigation said, Williams and Spoon TV used this  leaked  information to incriminate the plaintiff, Wilmot Smith, former Deputy Director for information and Coordination at LIGIS,  for  illegally withdrawing US$1.7million from LIGIS’s account with the bank.

    Williams was one of the participants on a Spoon TV show where LISGIS’s account details were discussed, the investigation said. “Williams being disgruntled and having access to such information, he was behind the Spoon discussion of the leaked account,” the investigation observed.

    Loading

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleLiberia Assumes Leadership of Regional Fisheries Body at FCWC’s 15th Session
    Next Article The Positive Political Spin of President Joseph Nyumah Boakai’s Statement: A Call for Ethical Governance in Liberia:
    Chester Smith
    • Website
    • Facebook
    • X (Twitter)
    • Instagram

    Related Posts

    ArcelorMittal Celebrates July 26 with Fence Line Communities in Nimba County

    July 31, 2025

    PERSPECTIVE: REVENUE, REFORM, AND REPRESENTATION

    July 31, 2025

    Gasoline shortage Story Ends

    July 30, 2025
    Leave A Reply Cancel Reply

    Editors Picks

    Eric Wowoh: Inspiring Change and Empowerment Through the Change Agent Network in Liberia-2024

    January 21, 2025

    LIBERIA: Dillon Predicts Victory for Former President Weah in 2029 IF…..

    January 6, 2025

    Weah Church Pastor Criminal Case Moves To Criminal Cort “A” ’

    December 21, 2024

    ‘NO LETHAL WEAPON USED’, POLICE IG REFUTES CLAIMS OVER DISCHARGE OF BULLETS

    December 18, 2024
    Top Reviews

    World Leaders React To Former US President Jimmy Carter’s Death

    By Chester Smith

    Women Increase Advocacy for Electoral Reforms and Political Participation

    By Chester Smith

    WHO WANTS SPEAKER Koffa’s Head?

    By Chester Smith
    Advertisement
    Demo
    Our Picks

    UNDP and Orange Liberia Explore New Frontiers to Unlock Youth Potential Through Technology

    August 1, 2025

    No Assets, No Pay: Ombudsman Recommends Suspension of Dozens of Lawmakers

    August 1, 2025

    DEATH ANNOUNCEMENT

    August 1, 2025

    IPNEWS Publisher Elected Financial Secretary @ Publishers Association of Liberia Election

    August 1, 2025
    • Facebook
    • Twitter
    • Instagram
    • Pinterest
    Don't Miss

    Monrovia-Bo-waterside four Lane Road Construction Begins September 2025

    By Chester SmithJuly 25, 2025

    The Liberian Government announces the commencement of the construction of the road from Monrovia to…

    Loading

    ‘Prices of Basic Commodities 12.48% Expensive under Boakai than Weah’, Former Finance Minister Samuel D. Tweah Jr , declares

    July 21, 2025

    𝐋𝐏𝐂𝐌 𝐂𝐨𝐦𝐦𝐞𝐧𝐝𝐬 𝐏𝐞𝐚𝐜𝐞𝐟𝐮𝐥 𝐃𝐞𝐦𝐨𝐜𝐫𝐚𝐭𝐢𝐜 𝐄𝐱𝐩𝐫𝐞𝐬𝐬𝐢𝐨𝐧 𝐚𝐧𝐝 𝐔𝐫𝐠𝐞𝐬 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐯𝐞 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐢𝐚𝐥𝐨𝐠𝐮𝐞

    July 19, 2025

    Political Parties Sign Revised MoU with NEC to Strengthen Electoral Cooperation

    July 19, 2025
    Copyright © 2024. Designed by Austine Newman.
    • Home
    • Judiciary

    Type above and press Enter to search. Press Esc to cancel.