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Liberia’s “tardiness” over money laundering investigations “condemned” by West African regional court

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At the heart of the case is Dexter Oil Ltd, based in the Liberian capital of Monrovia, but whose shareholders and directors are Nigerian. Fed up because the Liberian authorities froze $3m that was in Dexter Oil’s account, its directors asked the judges of the regional court – the Community Court of Justice of the Economic Community of West African States (ECOWAS) – to find that the company’s right to property was violated.

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