Close Menu
    Trending
    • Harry Maguire says a good player can play in any system, refuses to blame Amorim – Man United News And Transfer News
    • Governments Urged To Invest In Revenue Authorities
    • CDC panel abandons COVID vaccine recommendation, saying it’s a personal choice
    • Liberia: Capitol Arson Defendant Kivi Bah Rushed to JFK Amid Torture Allegations
    • LETTER TO THE DEAD (Repeat)
    • Gianluigi Donnarumma deal would have cost United £122m – Man United News And Transfer News
    • Unionizing Security Firms Poses Threats, Warns Sen. Cyrus
    • Senate fails to advance bills to fund government as shutdown looms
    HelloLiberia
    • Home
    • Liberia News
    • Liberia Politics
    • Liberia Economy
    • Africa News
    • World News
    • US News
    • Soccer
    HelloLiberia
    • Home
    • Buy Now
    Home»Liberia News»Activa Insurance MD in trouble
    Liberia News

    Activa Insurance MD in trouble

    HelloLiberiaBy HelloLiberiaJuly 30, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    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.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticlePleebo Tragedy: Man Severely Burned After Woman Allegedly Pours Boiling Water on Him
    Next Article Trump’s comments on Epstein raise new questions about when and why they fell out
    HelloLiberia
    • Website

    Related Posts

    Liberia: Capitol Arson Defendant Kivi Bah Rushed to JFK Amid Torture Allegations

    September 19, 2025

    ECOWAS Marks 50 Years With Push For Youth Empowerment and Drug Rehabilitation In Liberia

    September 19, 2025

    Liberia: Executive Mansion Warns Impersonators Using Boakai’s Name to Solicit Money and Jobs

    September 19, 2025

    Liberia: CBL Launches Nationwide “Clean Note Campaign” – “Protecting the Liberian Dollar, Preserving Our Pride

    September 19, 2025
    Leave A Reply Cancel Reply

    Our Picks

    Youth mental health challenges keep mounting 2 years after Maui wildfires

    September 15, 2025

    Sierra Leone’s President Bio Recalls Wartime Service in Liberia, Urges Deeper Regional Unity and Vigilance to Protect Peace and Democracy

    July 29, 2025

    Victor Osimhen makes Galatasaray decision, Man United must show their hand – Man United News And Transfer News

    July 6, 2025

    Liberia: EPA and UNDP Conduct Coastal Assessment in Sinoe Ahead of Climate Resilience Project

    September 10, 2025

    Three standout performers for Manchester United u18s in the 2024/25 season – Man United News And Transfer News

    June 22, 2025
    Categories
    • Africa News
    • Liberia Economy
    • Liberia News
    • Liberia Politics
    • Soccer
    • US News
    • World News
    About Us

    Welcome to HelloLiberia.com – your trusted source for news, stories, and insights from Liberia and beyond.

    At HelloLiberia.com, we are passionate about bringing you the latest and most relevant updates from Liberia and around the world. Our mission is to inform, inspire, and engage readers through credible reporting and compelling storytelling.

    Thank you for being part of our growing community.

    Stay informed. Stay connected. Stay Liberian.

    Our Picks

    Harry Maguire says a good player can play in any system, refuses to blame Amorim – Man United News And Transfer News

    September 19, 2025

    Governments Urged To Invest In Revenue Authorities

    September 19, 2025

    CDC panel abandons COVID vaccine recommendation, saying it’s a personal choice

    September 19, 2025
    Categories
    • Africa News
    • Liberia Economy
    • Liberia News
    • Liberia Politics
    • Soccer
    • US News
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Helloliberia.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.