Following a non guilty verdict from Criminal Court “C” Judge Emery S. Paye on allegation of corruption, the Chairman of the Board of Directors of Aminata and Sons Incorporated, Siaka Toure, says the court indictment has hurt the company’s growth, therefore he has threatened lawsuit against the Liberia Anti Corruption Commission (LACC).
Toure along with several top government officials were indicted for economic sabotage, misapplication of entrusted property, criminal facilitation, and criminal conspiracy on allegations of financial malpractice over a Japanese oil grant to Liberia. The government of Japan, during the period of 2011-2012, donated a consignment of oil valued at US$13 million to the government of Liberia as part of its bilateral assistance to help the country in its reconstruction drive. After prolonged legal argument into the matter, Siaka Toure was finally set free by the court. Delivering his verdict, Criminal Court “C” Presiding judge Emery S. Paye said in view of evidence and argument presented, the state failed to prove the guilt of the defendant and as such AMINATA and Sons, represented by Siaka Toure, was not guilty of the crime. Addressing newsmen in Monrovia, the AMINATA boss emphasized, “Justice has been carried out, we have been vindicated, and we are happy, but the damage is huge”. He said “trust is significant in business, so we have to fight back to prove to our bankers, suppliers, customers, that we are not what they say we are and we are protecting our reputation”. “When Total came in Liberia, they hit us and we came to 1 percent of the market. When we started to revamp our stations we went as high as 23 percent of the market. Today we are back at 17 percent of the market because of the court indictment,” he mentioned.