According to report, the United States Department of Justice booked the Liberia Bank for Development and Investment (LBDI), Afriland First Bank Liberia Limited, Global Bank Liberia Limited and Ecobank Liberia Limited for their involvements in the wire transfers of the stolen money.
According to the report, the request to retrain Kuoh’s assets is to prevent their removal or dissipation and thus ensure their availability for forfeiture and repatriation to the United States Department of Justice made the request pursuant to Article 18 of the United Nations Convention against Transitional Crimes to which the United States and Liberia are parties.
The US Government stated in the request that Kuoh and others engaged in an elaborate scheme to defraud individuals in the United States of over US$13 million by falsely representing large quantities of gold and diamonds in Liberia, which they sought to ship to the United States for refinement and sale.
Detail of this report will be posted in our subsequent release.