The Guaranty Trust Bank Liberia Limited has again been dragged to court for allegedly stealing customer’s money saved in the bank.
The Bank was dragged for allegedly stealing US$930,500.00 from Liberian businessman George B. Kailondo’s accounts.
Recently, former President Sirleaf’s son, Charles E. Sirleaf took the same bank to Commercial Court for allegedly stealing over US$88,000and L$10,000 from his accounts, which is still pending before the Commercial Court, while the criminal aspect of it is pending before the Criminal Court.
Criminal Court C at the Temple of Justice on July 10, 2021, summoned the Guaranty Trust Bank Liberia Limited by and through its’ managing Director, Deputies, Operations Manager, Executive Director, Controller Prince Saye and other corporate officers to be identified for the crime of theft of property and criminal conspiracy.
The Writ of Summon, issued last Friday by Criminal Court C presiding Judge Peter W. Gbeneweleh, says you are hereby commanded to summons Managing Director, Deputies, Operations manager, Executive Director, Controller Prince Saye and other corporate officers to be identified of the Guaranty Trust Bank Liberia Limited defendants to appear before the First Judicial Circuit Court, Criminal Assizes “C” for Montserrado County, Republic of Liberia on Monday the 12th day of July A.D. 2021, at 9am to answer to the charges levied against them in the attached indictment drawn by the Republic of Liberia.
It further noted, you are hereby commanded to serve this Writ of Summon on the above named respondents and have your official returns endorsed on the back of the original copy of this Writ of Summons, indicating the form and manner of its service.
In addition, a six-count indictment was drawn up by the state through Liberian businessman George B. Kailondo said:
That the Grand Jurors for Montserrado County, Republic of Liberia upon their oath do hereby find more probably than not, that you defendants Managing Director, Deputies, Operations Manager, Executive Director, Controller Prince Saye and other corporate officers to be identified did conspire, facilitate and commit the crime of theft of property in flagrant violation of 4LCLR, title 26, section 15.51(a), title 26, section 2.2(a) and (b) 4LCLR, title 26, section 15.6 of the statutory law of the Republic of Liberia.
Previously, in the City of Monrovia, Montserrado County, Republic of Liberia, private prosecutor George B. Kailondo for the purpose of trust and confident in the defendant’s entity (GT Bank) opened checking accounts at said bank with account number 0112605/002/0001/000 and 0113150/002/000/000; both containing USD and LD transactions.
That the Defendants Managing Director, Deputies Operations Manager, Executive Director, Controller Prince Saye, and other corporate officers to be identified, having prior knowledge of these accounts and aforesaid private prosecutor being the only signatory regarding transactions to include deposit and withdrawals. The defendants criminally opened an escrow account bearing number 0112605/002/5020/000, closed to private prosecutor’s account with the sole intent to commit the herein crimes supra.
Count 2 also included that between the period of September 9,A.D.2014, up to and including the 15th of December A .D. 2016, the defendants Managing Director, Deputies Operations Manager, Executive Director, Controller Prince Saye, and other corporate officers to of GT Bank by virtue of these positions, knowingly, purposely, criminally and intentionally did take, defraud, deprive and steal monies in the amount of US$930,500.00 from private prosecutor George B. Kailondo checking accounts.
That, during the years and at place mentioned above, defendants with criminal minds and intent, compared, connived, colluded and with one accord, designed and developed a scheme and/or crime.
Meanwhile, prior to their Summons on last Friday, July 9, 2021, the Executive Bank Director of Guaranty Trust Bank Liberia Limited, Prince Saye, through Sky Insurance Company filed US$1,861,000.00 bail bond at the Criminal Court”C”.
Mr. Saye appeared in court early this morning (July 12, 2021) along with the in-house lawyer, Atty. Tye Booker Rogland in obedience to the Writ of Summon issued last Friday.
The Executive Bank Director filed the bail bond on behalf of all its corporate officers pending hearing of the case.
