spot_imgspot_img
Friday, December 13, 2024

LIBERIA: SUPREME COURT ORDERS ARREST OF FINANCIAL INTELLIGENCE AGENCY DIRECTOR GENERAL, STANLEY FORD

Date:

MONROVIA – The Supreme Court of Liberia through the Justice-In-Chamber, Associate Justice Jamesetta Howard-Wolokollie has ordered the arrest of the living body of Stanley Ford, Director General of the Financial Intelligence Agency (FIA) for ‘Failure to Lift Designation’ Placed on Omega Insurance Group Inc.

It can be recalled in August 2022, the Financial Intelligence Agency (FIA) said through its Director General Stanley Ford that OMEGA refused and failed to file STRs and CTRs with the FIA as required by law, adding that OMEGA has also refused and failed to allow the FIU to inspect and examine its books and records, contrary to law and for reasons known to it. This non-compliance is continual, inappropriate, and suspicious on the part of OMEGA and its Managing Director Ganjay L. Ananaba.

  • Save
  • Save

FIA at the time said that Mr. Ananaba and OMEGA display not only a hostile and arrogant posture toward the rule of law and blatant refusal to meet their statutory obligation but are also preventing regulators from carrying out statutory mandates, thereby creating huge vulnerabilities in Liberia’s financial space for obvious personal gains.

But the Supreme Court on Thursday, December 28, 2023, instructed its court officers to order the arrest of the FIA Director General for ‘‘Failure to Lift Designation’ Placed on Omega Insurance Group Inc.’

The court order states: You are hereby commanded to arrest the living body of STANLEY S. FORD, for CONTEMPT OF COURT for his failure to lift the designation placed on Omega Insurance Group lnc. as per the Chambers Justice’s Order of December 20, 2023. lf arrested on a non-working day, Sunday, holiday, or during the night time, he should be detained at the nearest police station or depot and forwarded to the OFFICE 0F THE MARSHAL, SUPREME COURT OF LIBERIA, on the next working day at the hour of 10:00 a.m.”

smartnews
Smart News Liberia is an online news outlet and a product of Smart Media Group Inc. Our website, smartnewsliberia.com, covers a broad spectrum of news content. For inquiries or information, you can reach us at 0777425285 or 0886946925, or email us at smartnewsliberia@gmail.com or info@smartnewsliberia.com.

LATEST DEVELOPMENT

MADAM GUAR CHALLENGES JUSTICE MINISTER TWEH AND QUESTIONS LEGITIMACY OF SPEAKER KOON

MONROVIA, LIBERIA – Liberian writer and social justice advocate,...

EMBATTLED SPEAKER KOFFA TURNS TO SUPREME COURT AGAIN, FILES BILL OF INFORMATION

MONROVIA, LIBERIA – The ongoing political crisis within Liberia's...

DR. NYAN UPDATES LIBERIANS ON MPOX, LASSA FEVER, AND ADVANCEMENTS IN PUBLIC HEALTH PREPAREDNESS

MONROVIA – Dr. Dougbeh Chris Nyan, Director-General of the...

LIBERIA’S CORRUPTION CRISIS DEEPENS AS TRANSPARENCY INT’L’S 2024 REPORT REVEALS PERSISTENT GOVERNANCE CHALLENGES

Liberia’s ongoing battle with corruption remains a considerable challenge,...

DOES LIBERIA NEED CONSTITUTIONAL CLARITY?

The ongoing power struggle within the House of Representatives...

BOAKAI SIDESTEPS SPEAKER KOFFA: LOGICALITY OR PRECEDENT-SETTING BREACH?

President Joseph Boakai's decision to submit the 2025 draft...

A MILESTONE FOR LIBERIA’S HIGHER EDUCATION, BUT CHALLENGES REMAIN

The launch of Liberia’s first doctoral programs at the...

COMMENTARY

THE LASTING LEGACY OF PRINCE JOHNSON’S DEATH AND THE PATH FORWARD FOR LIBERIA

By Lyndon J. Ponnie, Sr. The passing of former Liberian...

PRES. BOAKAI’S LACK OF LEADERSHIP AND LIBERIA’S POLITICAL CRISIS

-A Commentary Joseph Boakai's failure to lead has once again...

THE MASS DISMISSAL OF LIBERIAN PUBLIC SERVANTS: A TROUBLING TREND UNDER THE BOAKAI ADMINISTRATION

A Commentary by Wondah L. Jah Since assuming the presidency,...

SECURITY RISKS: IS PRESIDENT BOAKAI UNKNOWINGLY SETTING THE STAGE FOR EARLY COUP D’ÉTAT?

In his commentary, Liberian political analyst Vandalerk R. Patricks...

LATEST NEWS

GRAND CAPE MOUNT COUNTY CITIZENS BLOCK TURKISH ENTRY INTO KINJOR

GRAND CAPE MOUNT CO., LIBERIA – Reports from Grand...

FOLLOWING STANDOFF WITH WEAH’s BODYGUARDS; EFFL FINALLY SIGNS FARMINGTON DECLARATION

By Olando Testimony Zeongar MONROVIA - At long last, the...

Share post:

EXCLUSIVE INTERVIEW

OPINION

LIBERIANS ARE IN AN ABUSIVE RELATIONSHIP WITH THE UP AND CDC

  An Opinion By Grace RK Guar Every six...

AMERICA’S NEGLECT OF LIBERIA: A CALL FOR CHANGE

An Opinion By Bishop Dr. Rudolph Q. Kwanue, Sr A...

AMID AN UNENDING WAR AGAINST POVERTY, INJUSTICES – HAS THE PROGRESSIVE STRUGGLE BECOME LOST IN TRANSLATION?

A Patriot's Diary With Ekena Wesley What manner of Liberian progressives...

HAS PRESIDENT BOAKAI’S GOVERNMENT BEGUN BEARING GOOD FRUITS? (PART1)

By Jacob N.B. Parley Following a careful reflection, I have...

ELEVATING THE AG BIBLE COLLEGE TO A UNIVERSITY: A MILESTONE ACHIEVEMENT

By Jacob N.B. Parley After many years of successful preaching...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link