Parker’s US$1.2M Bond Hearing Today

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As it stands, suspended National Port Authority (NPA) Managing Director, Matilda Parker and her Comptroller, Christina Kpabar-Paelay, could spend some time behind bars at the Monrovia Central Prison, if Criminal Court ‘C’ today agrees with the government that the defendants’ US$1.2 million bail is defective.
The criminal appearance bond was filed on behalf of Parker and Paelay by the Family Dollar Universal Insurance to prevent the pair from going to jail, until they could exonerate themselves from a US$837,950 theft allegation levied against them by the government.
Unfortunately, prosecutors are claiming that the insurance company failed to show any evidence from legal authority that it possesses assets sufficient to cover the obligation they are undertaking.
They also argued that the bond does not conform to the requirement of law; therefore, it should be set aside and the defendants remanded to the Monrovia Central Prison until their bond is made sufficient to secure their appearance before court.
They further argued that the insurer’s tax clearance, which was issued in March and was valid for only 90days, has expired.
These are some of the issues Judge Peter Gbeneweleh will be hearing and to establish the validity of their bond.
Both Parker and Paelay were accused of designing a criminal scheme whereby they awarded two sole-source contracts without the approval of the Public Procurement and Concession Commission (PPCC) to co-defendant Deneah M. Flomo and his Denmar Enterprise on behalf of the NPA from 2011 to 2012.
The alleged contracts were for co-defendant Flomo to remove wreckage from the port of Greenville, Sinoe County, and the provision of security consultancy at the ports of Monrovia, Buchanan, Grand Bassa County and Greenville at the agreed priced of US$500,000 and US$300,000 respectively.
The accused further made fraudulent payment of funds from the NPA’s accounts to defendant Flomo for expertise, which amounted to US$837,950.

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