Liberian-Owned Construction Firm Releases 26 Attachments Alleging Manufactured Debt, Regulatory Inaction And Judicial Betrayal Dating Back To 2007
Liberia, Sept. 9 -- Boimah Engineering Incorporated (BEI), a Liberian-owned construction company, has publicly accused Ecobank Liberia Limited hiking a loan it borrowed from the financial institution nearly 20 years on.
By Emmanuel Weedee-Conway
Speaking at press conference held Monday, September 7 in Monrovia, the company revealed how it became a victim of a "non-performing loan," due to a hiked interest placed on a borrow it made in 2007 from Ecobank.
Reading from a 26-attachment press statement, the Chief Executive Officer of BEI, John Kpehe Boimah, challenged Ecobank and parties involved to refute a single fact contained in the documents.
The news conference was held barely two days ahead of a national conference on Non-Performing...
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