Three persons were finally arrested on Thursday, June 12, by the Monrovia City Court at the Temple of Justice after months in hiding to avoid paying loans they allegedly owe Access Bank.
Defendants Sampson Sheriff, Foday Uriah and Bennah Garmai were on Thursday arraigned before Magistrate Nelson Chineh for prosecution.
They are wanted in connection with the commission of the crime “Declaring Secured Creditors” (Bankruptcy) prayed for by Access Bank-Liberia.
In their complaint, the bank put the total debt of the three persons at US$5,018.69, which they alleged the defendants received in July 2011.
Unfortunately, the court’s document did not give a complete breakdown of the loan, indicating no amount the defendants received from the bank.
But the document further alleged that the loan was subjected to security interest.
It also said the defendants converted and placed themselves into hiding with the intent to prevent the bank from collecting their money and interest.
At the Court on Thursday, as soon as the defendants got down from a white pick-up they were immediately placed on the prisoner bench along with other accused persons.
Interestingly, their counsels were sighted in the Judge’s office in an attempt to secure a criminal appearance bond that would prevent them from being sent to the Monrovia Central Prison.
The crime is bailable under the new penal law of Liberia.
It is not clear whether they were released on bail or incarcerated yesterday at the Monrovia Central Prison to await their trial.
They were still being held by the court up to press time.
The alleged act of the defendants, the court said, being unlawful, wicked and intentional is in violation of section 15.57 of the new penal law of Liberia.