ACTIVA Insurance Speaks On Closure of Premises

ACTIVA-Insurance-Speaks-On-Closure-of-Premises

ACTIVA International Insurance Liberia has opened up on the circumstances surrounding the recent closure of its premises by the National Labour Court of Liberia.  According to a release sent to this paper on Wednesday, March 25, 2026, the company noted that on Friday, March 20, the Sheriff of the National Labor Court proceeded to close its premises, located on 5th Street Sinkor, Monrovia, on account of a Writ of Execution in connection with the enforcement of the court’s judgment.

The insurance company recalled that in November 2025, the Honorable Supreme Court of Liberia ruled, dismissing ACTIVA’s appeal growing out of an Unfair Labor Action, in favor of Mr. Saye Gbalazeh.  Subsequently, the Labor Court prepared a Bill of Cost, for it to pay a total amount of US$497,583.16.   The release said that in keeping with law, and despite expressed strong reservations about unjustified interests, unnamed attorney fees, plane ticket, etc., added to the judgment, ACTIVA paid the amount of US$157,584.37, and then filed a Motion for Deferred Payment of the outstanding balance in three installments. The Motion was denied following the argument. ACTIVA then applied to the Labor Court, requesting Ten Days to pay the outstanding Judgment Amount.

“On Thursday, March 12, 2026, ACTIVA then proceeded and paid the amount of Liberian Dollars (L$47,873,618.09), equivalent to (US$260,182.71) at the prevailing Central Bank Exchange Rate, with the promise that it would pay the outstanding Judgment Balance on or before Friday, March 20, 2026. On Thu, March 19, 2026, ACTIVA proceeded to the National Labor Court with Checks totaling L$16,218,206.99, equivalent to US$87,888.27, at the prevailing Central Bank Exchange Rate, representing the final payment of the judgment amount, the release revealed.

According to ACTIVA, the National Labor Court initially accepted the payment and was in the process of issuing a receipt; however, within minutes before the receipt could be issued, the Court reversed its decision, refusing the Liberian Dollars payment and ordering it to pay the amount in United States Dollars. The court stated that failure to comply immediately risks the issuance of a Writ of Execution to have it closed. The court then proceeded to close ACTIVA’s premises pursuant to a Writ of Execution.

In a further escalation, which the company described as draconian, it alleged that the Court ordered the immediate closure of ACTIVA’s business premises until the judgment balance is satisfied in United States Dollars, not considering that access to its offices was indispensable to facilitate payment.

“ACTIVA categorically asserts that the actions of both Mr. Saye Gbalazeh and the Resident Judge constitute a grave departure from established legal principles and judicial norms. It is a fundamental tenet of Liberian Law that the Liberian Dollar is legal tender within the Republic, and binding jurisprudence of the Honorable Supreme Court has consistently affirmed that judgment debts may be satisfied in Liberian Dollars at the officially recognized exchange rate. Any attempt to compel payment exclusively in a foreign currency is not only legally indefensible but effectively undermines the sovereign monetary framework of the Republic,” the release indicated.

The company stated that equally alarming is the Court’s “precipitous enforcement action in direct contradiction of its own prior order granting a definitive payment deadline of March 24, 2026.” ACTIVA said that such conduct is not only irregular but raises serious concerns regarding arbitrariness, abuse of judicial discretion, and denial of a fair hearing.

“The cumulative effect of these actions has inflicted substantial reputational harm upon ACTIVA, disrupted its operations, and adversely impacted its clientele, its employees and business relationships. These consequences are both unjustified and actionable under the laws of the Republic. Accordingly, ACTIVA has instructed its Counsel of Record to immediately institute formal complaints against Mr. Saye Gbalazeh and the Resident Judge before the Honorable Chief Justice of the Republic of Liberia, as well as to petition the Grievance and Ethics Committee of the Honourable Supreme Court for appropriate disciplinary review and remedial action,” the company stated.

Meanwhile, ACTIVA says it remains resolute in its commitment to the rule of law, judicial integrity and the orderly administration of justice. However, it will not acquiesce to actions that are arbitrary, unlawful, or inconsistent with the principles of fairness and due process. Such actions undermine not only the rights of affected parties but also run counter to the Government of Liberia’s ongoing efforts to attract foreign investment and create much-needed employment opportunities for Liberians.

The insurance company also revealed that on Tuesday, March 24, 2026, the Chamber Justice ordered the opening of the premises of ACTIVA; notwithstanding the Chamber Justice’s endorsement of the ruling of the Labor Court to the effect that ACTIVA must make payment of the outstanding balance in United States Dollars.

“Considering that the Liberian Dollar is a legal tender in Liberia, in ACTIVA’s mind, payment of the judgment amount can be legally effected in Liberian Dollars. ACTIVA, therefore, finds it strange that a Court of Law in Liberia will reject and refuse payment of judgment. The Company, however, assures its clients, employees, and all stakeholders that it remains resolute in its commitment to the rule of law,” the release concluded.

Leave a Reply