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Jurors Render Guilty Verdict In GT Bank Theft Case
Date Uploaded: Sep 28, 2016

Temple Of Justice


Jurors Render Guilty Verdict In GT Bank Theft Case
By Ballah M. Kollie

MONROVIA, September 27 (LINA) – The Trial Jury in the GT Bank US$126, 219 theft case has brought down a unanimous guilty verdict against defendants Montmorancy Yancy and Stanley Yorsee.

The verdict was reached Monday after nearly two hours of deliberation following which each of the 12 jurors answered in the affirmative to the guilty judgment against the defendants.

“Yes this is my judgment,” each of the jurors confirmed to the Clerk of Criminal Court "C".

The two GT Bank staff were charged with theft of property, misapplication of entrusted property, criminal conspiracy and criminal facilitation.

The guilty verdict came after the hearing of final arguments by defense and prosecuting counsels.

During the prosecution of the case, the state presented eight witnesses, including rebuttal witnesses, while the defendants testified on their own behalf, denying any wrong doing.

Meanwhile, Criminal Court “C" Judge Emery Paye has scheduled the handing down of the final judgment for Monday, October 3.

At the start of the case on Tuesday, August 30, both Yancy and Yorsee pleaded not guilty, claiming to have no knowledge of the commission of the crime.

Represented by lawyers from the Ministry of Justice, the state asked the trial jury to hand down a unanimous guilty verdict against the defendants, while their counsels insisted that the state did not prove its case beyond reasonable doubt as required by law, and therefore urged the jury to set their clients free.

In a four-count indictment, the Grand Jurors of Montserrado County said the duo in flagrant violation of the statutory law did conspire to facilitate and commit the crimes as charged.

According to the indictment, between the periods May 28 to June 29, 2015, co-defendant Yancy, while serving as a Teller at the bank’s head offices in Sinkor, colluded with Yorsee to steal the amount of US$126,219 intended to be deposited in the Total Liberia Incorporated account at GT Bank.

“This act was carried out without the knowledge and approval of the bank’s management,” the indictment said.

The jurors in the indictment said upon receipt of the cash from the Bulk Tellers of the bank, co-defendant Yancy along with his colleagues diverted the amount and used it to give out loans to individuals within and out of the bank without the knowledge and approval of the bank’s management.

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