Monrovia, Liberia – The Asset Recovery Team has disclosed that during a nine-month court struggle with Gracious Ride, former executives made several money transfers to banks in Ghana, Ivory Coast, and the United Arab Emirates.
It was revealed at a news conference on Thursday at MICAT in Monrovia by Cllr. Edwin Kla Martin, Chairman of the Assets Recovery & Property Retrieval Core Team. Former officials exploited the stay order on the Asset Recovery Team’s efforts to move substantial amounts of money to overseas bank accounts, he stated.
According to him, the transactions are a part of a larger investigation into 17 high-profile instances involving the unlawful transfer of cash, theft of government vehicles, and other crimes. In addition to mentioning other unlawful actions including forged documents and stolen government property, Cllr. Martin stated that the transfers are a part of an ongoing attempt to avoid accountability.
Notwithstanding Gracious Ride’s legal difficulties, Cllr. Martin affirmed that the Asset Recovery Team prevailed in every case, signaling a victory in Liberia’s struggle for accountability and openness. Recovering stolen assets, such as money, cars, and other properties, is the team’s current priority.
With the assurance that all information would be kept private, the Asset Recovery Team publicly urged people to disclose any properties connected to previous government officials.
