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Crime & PunishmentGeneralLiberia news

GT Bank employees ordered arrested

– For allegedly stealing US$930,500.00 

By Lincoln G. Peters

Assigned Criminal Court “C” Judge Ousman F. Feika has ordered the immediate arrest of several employees of Guarantee Trust Bank Limited (GT Bank) after Kailondo Petroleum, Inc. Executive Director George B. Kailondo requested a writ of Ne Exeat Republic against the bankers.

Judge Feika on 2 September 2021 ordered the arrest of Mr. Ikenna Anekwe, Managing Director of GT Bank; Olush Alioh, Operating Manager, GT Bank; Prince Saye, Executive Director, GT Bank; Faruq Okonila, Head of Finance, GT Bank; Elvis Crusa, Head of Corporate Bank, GT Bank and Jonathan Tae, Risk Manager, controller, and other corporate officers.

The Judge had summoned GT Bank Liberia for allegedly stealing US$ 930,500, 00 from the Kailondo Petroleum Inc. account.

In seeking issuance of the writ of Ne Exeat Republica, Kailondo claimed he had received information that the defendants wanted to leave the bailiwick of the Republic of Liberia.

“You are further commanded to arrest the living bodies of the above listed to be brought before this court upon arrest and subsequently take their respective passports upon the arrest and turn same over to the Sheriff of Criminal Court “C” of Montserrado,” said Judge Feika.

The indictment says Mr. Kailondo for the purpose of trust and

confidence  in  the  defendant entity GT -Bank Liberia Limited,  opened checking  Account  at the bank  with account  Numbers 01126050020001000 and 0113150002000000, both Containing  USD and LD transaction.

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It detailed that GT – BANK Liberia had prior  knowledge  of these  accounts and Mr. Kailondo  being the  only signatory  regarding  transaction  to include, deposit  and withdrawals, yet it criminally  opened an escrow  account  bearing  number  01126050025020000 closed to  Kailondo’s  Account  with sole intent  to commit  the  crimes alleged.

Between  the  period of 9 September  2014 up to and including  15 December   2016, the indicate says the  Bank by virtue of these positions  knowingly, purposely  ,criminally  and  intentionally  did take, defraud,  deprived and stole monies  in the amount  of  USD $930,500.00 from Kailondo’s  checking  accounts. 

The indictment reveals that GT Bank, with criminal minds and intent, conspired, connived, and  designed a criminal  syndicate and debited Kailondo’s account at different times and made unauthorized and deceptive  withdrawals of USD $930,500.00.–Edited by Winston W. Parley

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The New Dawn is Liberia’s Truly Independent Newspaper Published by Searchlight Communications Inc. Established on November 16, 2009, with its first hard copy publication on January 22, 2010. The office is located on UN Drive in Monrovia Liberia. The New Dawn is bilingual (both English & French).
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