Liberia: Prime Credit Sues Central Bank, Demands Nearly US$1.2M Over Credit Bureau Dispute
Monrovia, Sept. 16 -- Prime Credit Reference Bureau, Inc., a Liberian-owned company headed by Managing Director and CEO Eugene Bedell, has filed a damages action against the Central Bank of Liberia (CBL) and its Governor, Henry F. Saamoi, accusing the Bank of issuing it a license to operate a private credit reference bureau before allegedly withholding the data and institutional cooperation required for the business to function.
The company is seeking US$550,953 in damages and US$630,000 in alleged lost revenue for January through September 2026, bringing its claimed losses to US$1,180,953, before prejudgment interest, statutory interest and legal costs.
The complaint, filed before the Civil Law Court for the Sixth Judicial Circuit in M...
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