Monrovia - Two separate lawsuits have been filed against two government ministries and several insurance companies for failure to account for over a million United States dollars allegedly collected as sticker fees from vehicle owners in the country. The other lawsuit has been filed to the Civil Law Court asking the court for an injunction and restraining order on the insurance companies linked to the missing funds to prevent them from holding leadership elections. In the petition for accounting, the petitioners alleged that from 2014 to present a Memorandum of Understanding (MOU) was signed for the collection of funds received for the sales of insurance stickers and contribution from insurance companies to enforce the compulsory insurance inspection exercise for the past three years. The group is alleging that the money is yet to be accounted for by the government and the aforementioned insurance companies after many requests for audits and investigation of the funds received by the respondents. The petitioners claim each insurance company in Liberia has been paying the amount of US$2,000.00 since April 2015, which has not been accounted for.

Source: Front Page Africa February 15, 2018 03:11 UTC