The True Ownership of Gracious Ride: A Story of Hidden Deals and Legal Battles

Monrovia Liberia: It has been uncovered that Gracious Ride, the well-known transportation company, is not owned by Finda Boundo, as publicly believed, but by former President George Weah himself.

The trail of ownership leads back to February 10, 2020, when Weah officially registered a company called Royal Multi-purpose Investment Group Inc.. On the legal documents, George Weah is listed as the CEO and sole owner of the company.

Legal Documents Published 

Between 2020 and 2023, this conglomerate expanded rapidly, acquiring assets across multiple sectors, including mining, real estate, construction, and transportation. As the head of the investment group, Weah's influence grew, and Gracious Ride emerged as one of its subsidiaries, operating under the umbrella of Royal Multi-purpose Investment Group.

While many Liberians saw Gracious Ride as an independent entity, the truth was far from it. Gracious Ride, under the leadership of Finda Boundo, was merely a front for Weah’s investment empire. The company had been authorized by Weah's group to petition the court, attempting to prevent the Asset Recovery Team from investigating its operations.

Meanwhile In March 2024, the Asset Recovery Team launched an investigation into the mysterious circumstances surrounding Gracious Ride’s acquisition of a fleet of mini-taxis. Evidence began to surface, showing illegal transactions directly linked to George Weah, with connections to GBK Motors, which could potentially jeopardize the company's operations in Liberia. These findings suggest a series of clandestine deals that could undermine the integrity of Liberia's transportation industry.

When the Asset Recovery Team sought to uncover the truth, both Gracious Ride and President Weah made an unprecedented move. They petitioned the Supreme Court to block the investigation, arguing that the Asset Recovery Team was unconstitutional. This legal challenge has turned into a major constitutional issue, with the court now holding onto the case for over eight months, without a decision.

The saga has sparked fierce debates over the use of executive powers. Former President Ellen Johnson Sirleaf had established a special prosecution task force via an Executive Order, which was later used by Vice President Joseph Boakai to create the Asset Recovery Team. However, Weah now argues that the very same executive order is unconstitutional, a stance that raises questions about his motivations.

With every passing day, the truth behind Gracious Ride’s operations, the illegal transactions, and the web of criminal activities Weah appears to be hiding becomes more apparent. The public awaits a decision from the Supreme Court that could expose the full extent of these dealings.

What we now know for certain is that George Weah, during his presidency, concealed his ownership of a vast business empire behind trusted individuals like Finda Boundo and others. By using front figures to operate his enterprises, Weah created a complex structure of businesses under his control, shielding them from scrutiny.

The unfolding investigation into Gracious Ride and the hidden dealings of Royal Multi-purpose Investment Group may soon reveal the full extent of President Weah's illegal activities and the empire he built on questionable foundations.