Fromer Bank Governor Indicted

Former Housing Bank Governor Ignatius  Clay and Thomas Floe Indicted for Criminal Mischief

The former Governor of the ex-National Housing and Savings Bank, Ignatius Clay along with Thomas Floe have been indicted by the Grand Juror for Montserrado County for criminal mischief, a third degree felony.

Plaintiff Sam D. Jackson appearing before grand jurors, complained that sometimes in May 2009, at Gbingba Town, in  Paynesville; the within named defendants with criminal minds and intent and without any color of right, purposely, knowingly, willfully and intentionally committed the crime of criminal mischief against the private prosecutor.

Plaintiff also stated that on the date and at the place mentioned above in the indictment, defendants Ignatius Clay and Thomas Floe entered his premises with police and a caterpillar and broke down his fence, valued at over US$ 25, 107.00 (Twenty five thousand, one hundred seven dollars) under the pretext of constructing a street.

The indictment averred that the plaintiff is the legitimate owner of 4.5 acres of land, situated in Gbingba Town, Paynesville.

According to the indictment, it was in absence of the plaintiff that the defendants trespassed upon his land and broke down the fence.

Such illegal and criminal acts of two defendants, count three of the indictment maintained, had exposed the plaintiff’s warehouse to thieves, who allegedly broke into it and made away with many building materials.