Another Date For Hearing Of US$10M Debt Case Assign December 14


L/R: Judge Mappy Morgan and frustrated businessman George Haddad

The Chief Judge of the Commercial Court at the Temple of Justice on Capitol Hill, Judge Eva Mappy Morgan is expected tomorrow, December 14, 2017 to finally preside over the debt case filed against the Liberian Government in the amount of US$10.7 million by a Lebanese businessman, George Haddad, Chief Executive Officer of the Prestige and the Alliance Motors Companies for services rendered.

The hearing of this case over the past weeks has been delayed due to undisclosed reasons, a situation which has pondered many Liberians including local and international business owners, who are craving for an immediate settlement of Liberian Government’s financial obligations to businesses including the businessman George Haddad chain of businesses.

The last scheduled hearing on December 1, 2017 into this very case was not heard for undisclosed reason, while at the same time a drama unfolded when the main entry to the Court where the case was be held was locked ahead of the hearing of the case between George Haddad’s group of companies regarding what is believed as an unpaid debt of US$10.7 million the Liberia Government owed.

However, Liberians who spoke to the GNN-Liberia prayed that tomorrow’s hearing will be held without any setback as was previously done, noting, “The Court has to come out with a definite ruling in order for this businessman to receive his just payments. George Haddad’s salaries obligation with is employees who have not been paid for months must be settled after the Liberian Government pay his huge financial arrears,” Aaron Q. Jacobs who spoke to our staff noted.

The Alliance and Prestige Motors lawsuit for damage against the government is being made at the time when the International Monetary Fund (IMF) had assisted the Liberian Government under its Extended Credit Facility (ECF) program with yet another US$20.7 million intended to settle domestic debts.

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About Cholo Brooks 12126 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.