The Supreme Court of Liberia has ruled in favor of the Assets Recovery Team, rejecting a legal challenge filed by the management of Gracious Ride. The ruling grants full authority for the government-backed task force to continue its operations as originally mandated.
The management of Gracious Ride had petitioned the court, arguing that the executive order establishing the Assets Recovery Team was unconstitutional. The company contended that the team’s mandate posed a threat to property rights and due process. However, the Supreme Court dismissed these claims, effectively removing any legal barriers to the team’s work.
The ruling marks a significant victory for the Boakai administration, which has prioritized asset recovery as part of its broader anti-corruption drive. Government officials have described the Supreme Court’s decision as a major step in ensuring accountability and reclaiming state resources allegedly misappropriated by former officials.
With the legal challenge now out of the way, the Assets Recovery Team is expected to move forward in investigating and reclaiming government assets. The Supreme Court’s decision sets a precedent for future challenges, reinforcing the administration’s authority in pursuing cases of financial misconduct.
Gracious Ride has yet to respond to the ruling, but sources indicate that the company’s management is considering its legal options. Meanwhile, government officials have welcomed the verdict, vowing to accelerate efforts to recover public assets.
