Temple of Justice, Monrovia Liberia As Ecobank, Afriland First Bank appear
Two banking institutions, Ecobank-Liberia and the Afriland First Bank, whose facilities were allegedly used by two Czech Republic brothers, Pavel and Martin Miloschewsky to transfer US$2,495,109 through Senate Secretary Nanborlor Singbeh for investment purposes to the banks, on Monday, August 31, appeared at Criminal Court ‘C’ for the commencement of the case.
The Monday deliberation was intended for Judge Blamo Dixon, who had replaced Judge Yamie Quiqui Gbiesay, to hear arguments as to whether or not the banking entities’ criminal appearance bonds were in compliance with the law, meaning it is sufficient enough to serve as the banks’ surety.
Though the banks did not post a cash bond, Judge Dixon allowed them (banks) to use their properties as their bail, which the prosecution did not object to.
Besides, Judge Dixon postponed further hearing into the matter for Thursday, September 3, immediately after he observed the absence of Singbeh and the other defendants, whose criminal appearance bond was also strongly resisted by the prosecution.
Initially, the government claimed that the US$2,495,109 was transferred through both the Ecobank-Liberia and Afriland First Bank.
Out of the US$2,495,109, US$2,393,109 was allegedly transferred to Ecobank-Liberia and the remaining US$102,000 was also transferred to Afriland First Bank.
But the company was never established and the equipment was also allegedly sold by Singbeh and his co-defendants.
The Miloschewsky brothers claimed that US$2,495,109 was allegedly transferred to the purported bogus accounts created at Ecobank-Liberia and the Afriland First Bank.
The indictment alleges that on August 13, 2013, Singbeh opened two corporate current accounts in favor of MHM Eko-Liberia, Inc. at Ecobank-Liberia Ltd. and Afriland First Bank, again without the knowledge and consent of the majority shareholders, Pavel and Martin.
Singbeh allegedly named Ales Sranmek as chairman and director, and Karel Socher as director and secretary, with the signatures of both Socher and Sranmek on the banks’ documents.Both Socher and Sranmek are Czech nationals, who are currently on trial in their native land, the Czech Republic, though; they are wanted by the court for prosecution.Initially, Singbeh was not a signatory to the new corporate accounts at both Ecobank and Afriland First Bank.The document also claims that no officials of the banks, Ecobank and Afriland First Bank, signed the new corporate accounts.The court records also claimed that Singbeh manipulated the opening of the account, indicating that Ales Sranmek and Karel Socher were physically present in Liberia […]
