Monrovia, Sept. 23 -- The Commercial Court for Montserrado County on Wednesday, September 23, ordered the closure and sealing of the National Oil Company of Liberia (NOCAL) and the Ministry of Finance and Development Planning over a decade-old severance dispute that has reportedly grown to US$764,762.

By Willie N. Tokpah

The court's action also placed NOCAL Vice President for Finance and Investment and Chief Financial Officer Emmanuel Azango at the center of the escalating legal and financial dispute, holding him in contempt and keeping him on the court's bench for more than two hours, according to information provided to FrontPage Africa.

Chief Judge Eva Mappy Morgan ordered the Commercial Court sheriff to close the two institutions, ...