Liberia: Ex-NOCAL Official Indicted

Jul 1, 2016 | Winston W. Parley, The New Dawn
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An ex-official of the now bankrupt National Oil Company of Liberia or NOCAL, Mr. Isreal Ankinsanya has been indicted for alleged money laundering, after allegedly exposing a commercial bank Guaranty Trust to a loss totaling US$650,000 surrounding a default loan agreement. After being indicted by the Grand Jury for Montserrado County,the Criminal Court “C” at the Temple of Justice in Monrovia has issued a writ of arrest dated 27 June against the SIRR Marketing Inc. CEO Mr. Ankinsanya, instructing its sheriff to arrest and bring him before the court to answer the charge.