UBA’s US$1Million Theft-Case Challenged

first_imgUBA’s headquarters on Broad Street, MonroviaThe Management of Mamawa and Sons, accused of conspiring with employees to dupe the United Bank of Africa (UBA) out of over US$1million, has challenged the bank’s authority to make available in Court, documentary evidence that links his company to the act alleged.Mr. Samuka M. Konneh, who is manager of the company, also threatened if the bank fails, his legal team is considering a lawsuit against his accuser.That emotional statement was made to journalists on Wednesday, March 6, at the Temple of Justice.“Look, they say Mamawa and Sons connived to rob the bank of over US$1million; but they failed to take the particular company to court.We have not been arrested, since the theft news broke out in 2011,” Konneh explained. That left him wondering whether the “theft” at the bank had actually taken place, or not. It may be recalled that in 2011, the grand jury of Criminal Court ‘A’ through UBA, indicted 13 employees of the bank’s branches in Ganta, and in Monrovia, for allegedly manipulating the system and loaning  over US$1million to individuals and institutions, including Mamawa and Sons Incorporated.They named co-defendant, Tunde C. Fon, who was a “cash officer” assigned at the bank’s Bushrod Island branch, as the main person behind the criminal acts.Along with several institutions and the 13 main culprits fingered and indicted, Mamawa and sons was later charged with crimes including economic sabotage, misapplication of entrusted property, criminal conspiracy, facilitation, and theft of property.But, Konneh said, one of the documents the bank needs to make available is “account numbers” of the company.According to him, that will established the real Mamawa and Sons involved with the over US$1million theft.“There are lots of companies operating in the country named Mamawa and Sons,” he claimed. “So, the bank needs to clarify for the general public, which Mamawa and Sons it is talking about.” He was quick to admit that his company has an account with UBA, disassociating it from the US$1million theft, considering it as what he called “mis-identity.”“I am going to make them publicly announce the main Mamawa and Sons—or else, we go to court,” he declared.“This situation has created serious embarrassment for my business partner and I’m not going to take it lightly. We will pursue legal means to have the bank make the main company available,” Konneh promised.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

MEMBERS IN SHOCK AS STAFF LET GO AT DONEGAL GYM

first_imgMEMBERS of a top Letterkenny gym have threatened to quit after instructors lost their jobs today.In a statement Energie Fitness Clubs did not refer to the job losses but said changes at the club were necessary to ensure its viability.The statement to members, the club said: “As a result of the current economic climate we at Energie Fitness Clubs are restructuring the club in order to provide you with a more cost effective service. “With our current membership set at €45 per month and set to increase at the beginning of the next business quarter, we don’t believe that this is what the public are looking for.“By restructuring the club and cutting out the extras that are rarely used we are now in a position to offer membership fees from as little as €25 per month.”However some club members aren’t happy with the decision.“This has to be a joke,” said one, “I’ll be looking go elsewhere. I joined gym three years and its the instructors that have got me where I am…. There’s no gym without them.”  MEMBERS IN SHOCK AS STAFF LET GO AT DONEGAL GYM was last modified: April 27th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:energieletterkennyMEMBERS IN SHOCK AS STAFF LET GO AT DONEGAL GYMlast_img read more