Sky Insurance US$1.2M Bail Jumping Intensifies

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The Daily Observer has learned that Judge Peter Gbeneweleh of Criminal Court C, is “outraged” that the Sky Insurance Company has been unable to produce the seven former employees of First International Bank (FIB) the insurance company bailed out of jail, despite granting several appeals.

His frustration has caused him to give the company’s management up to the end of this week to make sure that all of the defendants are present in court, according to a judicial source.

The defendants were accused of stealing over US$1.2m from the bank, while they were serving in various capacities.

Sky Insurance Company, sometime in 2013, bailed the defendants and promised to make sure they appeared whenever they were needed for their case.

Unfortunately, they have failed to show up, and a source told the Daily Observer that Judge Gbeneweleh could likely send some of the senior management to 30 days in prison by the end of the week.

Our judicial reporter said, he observed lawyers representing Sky Insurance moving to and fro between the courtyard and the Headquarters of the Liberia National Police (LNP), apparently seeking the assistance of the police to re-arrest the defendants.

Recently the court granted a request from the company to have the photos of the defendants published in local daily newspapers demonstrate that they were taking the issue very seriously.

Our judicial source said Judge Gbeneweleh might consider dealing with the issue very strictly, according to the law.

“If he readily means what he’s saying, then, the management could begin serving their 30 days imprisonment at the Monrovia Central Prison,” the judicial source further said.

He added: “Let us wait and see whether that decision would be taken, because the law works differently.”

It was not announced, however, when the company management would appear before Judge Gbeneweleh this week.

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