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    Home»Liberia News»Activa Insurance MD in trouble
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    Activa Insurance MD in trouble

    HelloLiberiaBy HelloLiberiaJuly 30, 2025No Comments3 Mins Read
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    By Lincoln G. Peters

    The administration of Activa Worldwide Insurance coverage Firm, which has served as a surety for Western Cluster and Citadel Mining Companies, would possible be arrested if it can not pay the judgment quantity of US$430,920, delivered on July 14, by the Debt Courtroom for Montserrado County.

    The insurance coverage firm turned concerned within the case after posting a US$750,000 indemnity bond alongside a movement to vacate the attachment positioned on the properties of Western Cluster and Citadel Mining Companies, due to the lawsuit filed by Motion of Debt.

    The debt resulted from a Hitachi 850 gear rental settlement between Citadel Mining Companies and Horizon Transport and Building Firm, which was owed by Hans Armstrong, a British investor.

    As a part of the bond association, in line with courtroom paperwork, Activa Worldwide Insurance coverage Firm is liable for the day-to-day look of the defendants, Western Cluster and Citadel Mining Companies, each time they’re wanted by the courtroom.

    The insurance coverage firm additionally ensures to take all duties to make sure that the defendants pay the debt, if the end result of the courtroom’s judgment goes towards them.

     A judicial supply additionally claimed that Western Cluster and Citadel Mining Companies paid Activa Worldwide Insurance coverage Firm the quantity of US$40,000 to safe the short-term removing of the attachment positioned on the duo properties in each Monrovia and Bomi County.

    Sadly, when the judgment was delivered on July 14, 2025, the courtroom held Citadel Mining Companies liable and absolved Western Cluster from any legal responsibility, because it had no involvement within the settlement between Citadel Mining and Horizon.

    Instantly after the judgment, a cost order was issued mandating Citadel Mining to pay. Nonetheless, the Sheriff’s (courtroom officers’) return to courtroom reveals that Citadel Mining’s head workplace in Monrovia and its operation web site in Bomi County had been closed, and the whereabouts of the administration had been unknown, making it unimaginable to fulfill the judgment towards it.

    The Sheriff’s return prompted the Horizon authorized workforce to use to the courtroom, holding the surety accountable for the judgment quantity, which was granted by Decide James E. Jones, shifting the duties to Activa.

     In the meantime, Activa Worldwide Insurance coverage Firm is predicted to look earlier than the courtroom at present.

    In response to the lawsuit, Citadel Mining, a Ghanaian subcontractor of Western Cluster, entered into an gear lease settlement in July 2022 to lease Armstrong’s Hitachi 850 heavy machine to be used on Western Cluster’s concession web site in Bomi County.

    Nonetheless, the go well with claims that, from August 2022 to Might 31, 2023, Citadel Mining took Armstrong’s gear to the Western mining web site and started utilizing it there with out making any cost, with every month amounting to US$84,000, totaling US$378,000.

    The machine was nonetheless in Citadel Mining’s possession and getting used within the Western Cluster’s concession space.

    Nonetheless, Western Cluster’s involvement with the go well with is predicated on the doctrine of respondents superior, the place the principal is held accountable for the indebtedness of the agent, Citadel Mining, the second defendant, the lawsuit argued.

    The full indebtedness of the defendants quantities to US$378,000, reflecting eight and a half months of utilization, together with 6 p.c curiosity, totaling US$430,920. They proceed to keep up precise and bodily utilization of the machine within the operational space of Bomi County. He didn’t know the precise location of the gear,’ Armstrong’s go well with claims.- Edited by Othello B. Garblah.





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