Police Tuesday forwarded a former employee of Baker Tilly Liberia to the Monrovia City for prosecution after she was allegedly booked embezzling US$42,000 from the institution.
Precious Randolph was charged with theft of property, an act that violates Section 15.56 of the Revised Penal Law of Liberia.
She is being remanded at the Central Prison pending court trial.
Theo Dekontee Joseph for and on behalf of Baker Tilly Liberia stated that an account number 0011014700160904 belonging GIP Esther of Paris, France, managed by Baker Tilly Liberia, was fraudulently debited out of US$42, 465,000 by the defendant from December 2012 to 2014.
Mr. Joseph informed police investigators that between December 31, 2012 and 2014, Madam Randolph, who served as Audit Associates with the accounting firm, was entrusted to manage the GIP Esther fund.
He further said that the company discovered that during the end of the years the defendant without authorization withdrew US$42,465,000 and converted same into her personal use.
He stated that when the issue was discovered, the defendant made some personal deposit into their client’s account trying to cover up her deeds.
Madam Randolph has admitted to the commission of the crime according to police charged sheet but stated that the amount of US$42,465.000 was overstated by Mr. Joseph.