Court Freezes Water & Sewer Properties, Assets over failure to pay Debt- Latest Liberian News
The Debt court has issued a writ of Execution commanding the confiscation of properties and assets from the Management of the Liberia Water & Sewer Corporation (LSWC) and others for their failure to restitute USD$ 7,752.30 debt owed to the Qualified Liberians Technical Corporation( QLTC)
The court’s decision follows a bill of information filed by QLTC on February 23, requesting that the defendants pay the full amount of Seven Thousand Seven Hundred Fifty-Two United States and Thirty Cents.
Qualified Technical Liberians through its authorized officers, Mitchell Guwor and Christian Nelson complain LWSC to the court for their refusal to pay the money owed.
Judge James Jones ordered in the writ ordered the Management of Liberia Water & Sewer Corporation (LSWC) its Managing Director, Deputies, Comptroller, and all those acting under its scope of authority; properties be seized, and exposed for sale.
Jones in the writ further commanded the court to seize properties and assets or arrest the defendants upon their failure to pay the full amount of money.
“ You are hereby further commanded to seize their properties or arrest their living body and forthwith bring them before any Judge of competent jurisdiction to be dealt with according to law unless they shall pay the money or show properties to seize and expose for sale in according with 1LCLR, page 235- Section 44.39,” the court-mandated.
On February 23, Qualified Technical filed a bill of information filed where they asked the court to request the Management of LWSC to pay the full money owed to the company.
It can be recalled that during the regime of former President Ellen Johnson Sirleaf in 2014, QLTC signed an agreement with the LWSC to supply its workers with three shipments and was later pushed to the wall to have it moved to four consignments of 25kg bags of rice.
At the time, the total price was in the tone of Twelve Thousand Thirty-Six United States Dollars and Thirty-Nine Cents owed to the Management of the Qualified Technical Liberian Company.
However, the management of the Liberia Water and Sewer Corporation paid 25% of the total amount which is a total of Four Thousand Five Hundred and Eighty-Four United States Dollars.
Per the agreement, the Managing Director, Tulay promised to pay the outstanding amount of US$7,752.30 in seven installments by voluntary execution and stipulation which was signed by both parties lawyers and approved by the Debt Court on November 16, 2022.