New Economic Sabotage Case Indicts Several Ex-Officials

first_imgFormer Liberia Petroleum Refining Company (LRPC) Managing Director, Mr. T. Nelson Williams and ex-Commence Minister Miatta Beysolow are among several individuals indicted in a fraud scheme that allegedly deprived government of millions of United States dollars during the sale and distribution of the Japanese oil grant valued at US$13,083, 350 (the equivalent of one billion, one hundred million Japanese Yen) donated by the Japanese Government.The scheme involved 15,000 metric tons of petroleum products that were intended to help government in its economic and social development efforts, which prosecution put the total amount collected from the sale as up to US$5,764, 110.84.The products were donated under oil grant arrangement with a provision which was conveyed in an exchange of notes dated March 8, 2011, between the governments of Japan and Liberia.Mr. Steve Fiahn, former Director, Division of Price Analysis and Marketing at the Ministry of Commence (MOC), as well as, Mr. Aaron J. Wheagar, Deputy Manager for Operations and implementing person for the Japanese oil grant at the LPRC, and the Aminata & Sons Incorporated through its Chief Executive Officer (CEO) Mr. Siaka Turay, were others also charged in the indictment by the Grand Jury for Montserrado County.The nine counts against the five defendants include economic sabotage, misapplication of entrusted property, criminal conspiracy and facilitation, and violation of the required Public Procurement Concession and Commission (PPCC) procedures and processes.However, one of the defendants, Aaron J. Wheagar, has been arrested and detained at the Monrovia Central Prison for his failure to secure a bond, while the other defendants are still at large.Lawyers representing the defendants were seen yesterday at the Temple of Justice trying to secure a single bond for all of the defendants to prevent the others from being arrested and detained.The indictment alleges that in August 2011, the defendants approved and implemented the determination and set up a fraudulent concessionary price of US$687.40 per metric ton for the monetization of the Japanese oil grant.The actual quantity of metric tons of the grant petroleum products, the document claims, should have been 12,404,040, which the defendants should have used to determine and set up the concessionary price to be US$831,811.24 for the sale and distribution of the products.But the defendants set up a fraudulent concessionary price of US$687.41 per metric ton, which they allegedly used in the monetization of the oil grant.“The defendants deprived the government of the amount of US$1,806, 811.14, which is the difference between the amounts of US$10,300, 988.14 that should have been deposited in the grant at the Central Bank of Liberia (CBL),” court records claim.The defendants reportedly deposited the actual amount of US$8, 504, 177.00, at the CBL. “The defendants in their criminal efforts and schemes exercised unauthorized control over the difference thereby converting same to their use and benefits,” the indictment added.The Ministry of Commence, the document said, being the custodian of the oil grant and with responsibility to ensure the distribution and sale of the products, executed a scheme between the LPRC, MOC and Aminata & Sons without due regard to the PPCC bidding process.“They created and provided the opportunity for individuals and or business entities to exploit and abuse the distribution and sale of the oil grant. They also acted as individuals with criminal motive through a conspiracy scheme,” the indictment claims, adding “they are abusive and unmindful of their functionary duties to the government.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

No pressure for KPL title, says Kimanzi

first_img0Shares0000Mathare United head coach Francis Kimanzi (right) with Gor Mahia’s Dylan Kerr (left). Photo/TIMOTHY OLOBULUNAIROBI, Kenya, Apr 12- Despite his side enjoying a blistering start to the new season, Mathare United head coach Francis Kimanzi says he is under no pressure to challenge for the 2018 Kenyan Premier League (KPL) title, exactly 10 years since he guided them to their first in 2008.Mathare narrowly avoided relegation last year and ended up finishing 13th but have posted contrasting results this year as they currently sit on the apex of the standings with 23 points off 10 games. “In the beginning, it wasn’t our target. We had a smaller target because we had to be realistic. To tell the players that we want to win the league after fighting relegation last season is a big step,”  the tactician offered.“Sometimes you don’t want to create tension in the group and you give attainable targets. But, I don’t see anything wrong to learn and still win something in the process.”He added; “We want to be another force in the league and do better than the previous two seasons. If you put yourself as a force then you are targeting anything achievable. We are not ruling out the league title because we have a team which we believe can face any challenge, take a game after game with passion and win.”Mathare United head coach Francis Kimanzi during training. Photo/TIMOTHY OLOBULUKimanzi has tried twice unsuccessfully to win the KPL title with Sofapaka and Tusker FC but with Mathare, he hopes the project he started last season can bear fruit within the next five years.The tactician lost almost the entire team at the end of the 2016 season and instead of replacing them with like for like figures, Kimanzi went for young, untested blood and he almost paid for it with relegation but they disentangled themselves in the final five games.He has stuck with the same squad for the 2018 season, only making a few additions though the core of the team remained.“I took a brave risk and sometimes we spent a lot of sleepless nights trying to find out how we can make it better for young, very inexperienced players but very talented. With the confidence and support I had, the program we made for them worked,” Kimanzi notes.Mathare United during training. Photo/TIMOTHY OLOBULU“We decided to start a foundation, genuinely sound and we walked without fear. We knew it was going to be tough. There was some false confidfence among the players. You could see that they want to do it but still had a long way to go,” He added.The tactician says he has been impressed with their growth and notes he is genuinely surprised that they have started hitting the right notes in just their second year together.“We had a grace period of three years for them to mature completely but they have completely surprised us. Almost 60, 70 percent has improved and if they can do it in the second year then it’s a great success,” the coach noted.The Slum Boys have only lost once this season, a 4-3 defeat at the hands of AFC Leopards in a match they led 3-1 at some point.But since then, they have won the next four matches back to back and Kimanzi only hopes they can remain consistent again for the next 10 games.They will be facing Posta Rangers in their next match on Sunday, a game Kimanzi says will be both very tough and very easy for his side.“We are playing against a tough team defensively but also, they don’t score. We only now have to worry about how we will open them up and get goals,” the coach noted.0Shares0000(Visited 1 times, 1 visits today)last_img read more

Teen’s Web site raises funds for college tuition

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2The Hart High School graduate realized she needed a whopping boost to her college fund after adding up the $6,000 in scholarships she earned from local organizations and coming up well below the estimated $180,000 in tuition and housing costs for her bachelor’s degree. One day, after volunteering to help raise money for a cause at a 5K run, she was struck at how easily the cash flowed in. “I thought, `Man, that would be helpful if I could have something like that to raise money for college,”‘ she said. So she brainstormed ideas and came up with the Web site, where for $24 visitors can buy black T-shirts that read “Educating Rox.” This week she sold 16 of them, mainly to family and friends. Her site includes advice about college admissions, essays, standardized tests and also includes a philanthropic side. For each contribution, $1 goes to a nonprofit that focuses on literacy and soccer, a sport she has played all her life. NEWHALL – To help pay for college, some students take part-time jobs, type papers or sell homemade cookies on campus. But one Newhall teen has a new idea for the age-old problem of hefty tuition costs: an online fundraiser. Eighteen-year-old Roxanne Phen started www.educatingrox.com this week to gather the $45,000 she’ll need each year for Claremont McKenna College, the private school she’ll attend this fall. She’s the first in her family to go to college. “I’ve applied for many scholarships but I felt this was something I had to take into my own hands,” she said. “I can’t count on scholarship committees to finance my education.” Skyrocketing college costs often leave parents laying wide eyed in bed at night, crunching numbers and thinking of clever financial strategies to offset the price tag. Phen’s parents, a construction general foreman and stay-at-home mom, are no exception. “It’s a very scary prospect,” said her mother, Kelly Phen, about college tuition prices. Kelly said her daughter could attend a less-expensive school, but she has worked so hard during high school – maintaining a 4.5 grade-point average – that the family wasn’t about to tell her no. Whatever comes, they’ll figure a way out to pay for school, she said. “We feel she did her part with school and grades, but definitely any financial help at this point is needed,” Kelly said. “She’s ready to take on part of that, instead of skating by.” sue.doyle@dailynews.com (661) 257-5254160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img

Track & Field Hosts Jim Duncan Invitational

first_imgStory Links Schedule Live Results Print Friendly Versioncenter_img The Drake University men’s and women’s track and field teams begin their outdoor season at home with the annual Jim Duncan Invitational.The long-standing event has been moved up on the calendar and reorganized as a collegiate only meet in which the Bulldogs will host competitors from UNI, North Dakota and other regional universities.The Jim Duncan Invitational will also allow the Bulldogs to open up their home season inside Drake Stadium on the iconic Jim Duncan Track. The two-day meet begins Friday, March 29, with field events starting at 3 p.m. and distance events on the track at 5 p.m.Saturday, action resumes at 11 a.m. on the track and for field competitions as well. Heat Sheets last_img read more