MONROVIA – Suspended Chief Executive Officer of the National Oil Company of Liberia (NOCAL), Ms. Rustonlyn Suacoco Dennis, has posted a criminal appearance bond of US$255,000 at Criminal Court “C” to secure her release pending trial.
Dennis, along with NOCAL’s Financial Comptroller Richmond Jallah and Edmond Massaquoi II, an IT technician at the Ministry of Transport, faces a sweeping 25-count indictment filed by the Grand Jury of Montserrado County.
The charges, brought by the Liberia Anti-Corruption Commission (LACC), include:
• Economic sabotage
• Fraud on the internal revenue
• Misuse and illegal disbursement of public funds
• Tampering with public records
• Criminal conspiracy, facilitation, and attempt
• Violations of the PPCC and PFM laws
To secure their release, the defendants were backed by Brighter Day School, Inc., represented by its principal, and Ms. Anna Jallah, who offered property as collateral.
Under the bond’s terms, all defendants must appear in court when summoned and remain under judicial jurisdiction throughout the proceedings. If convicted, they’ve agreed to surrender to the sheriff to serve any imposed sentence.
According to the indictment filed on July 15, 2025, prosecutors allege that Dennis and her co-defendants conspired to manipulate the procurement process for the acquisition of a luxury executive vehicle budgeted at US$75,000. Investigators claim the actual market value of the vehicle was significantly lower, raising suspicions of kickbacks and inflated pricing schemes.
Additional allegations include:
• Awarding a US$585,000 consultancy contract in violation of procurement laws
• Misappropriating CSR funds to reward political supporters in Montserrado County’s District #4
• Attempting to funnel US$30,000 in kickbacks through a second vehicle registered under Dennis’s private company
