MONROVIA – Mr. Maissa Diagne Chief Executive officer (CEO) of the ‘LIBENERGY’ a Subsidiary to ALBEDO GROUP, has Threatened to seek legal action against any individual or entity that attempt to malign the character of his company by linking him to individuals perceived to be corrupt.
By Henry Karmo [email protected]
The Company LIBENERGY won a bid from the Liberia Electricity Corporation (LEC) to supply Transformer and meters through a prefinance arrangement. In recent days, the company has come under barrage of attacks of having links to prominent members in the Liberian society especially the LEC CEO Monie Captan and Former Minister of State, Senator Nathaniel McGill.
Mr. Diagne also described the recent attacks on his company as a propaganda and deny having any link to any of the individuals that are being mention. He said, his company is being targeted because it is a foreign company. He also warned that such act could scare away investors.
The LIBENERGY with a link from Ivory Coast, has branches in almost every west African Country. Created in 2004, from the desire of African engineers to activity contribute to the development of Africa, Albe’do began with air conditioning. Due to its growth and market demand, Albe’do has gradually expanded its offering to cover all technical building trades.
Relying on a team of dynamic and motivated professionals, the company was able to respond to the international challenge very early on by successfully carrying out reference projects in West Africa.
It is reported that the LEC Asset Management Contract Agreement was approved by Mr. Captain as the single authority to do so in the capacity of both CEO and Board Chairman. There were 4 companies that entered into a competitive bidding process (JV of Alpha TND Limited and Jungle Energy Power, PATCO Engineering & General Contractors Inc, JV of Integrated Service & Equipment Inc and Eya Bantu and JV of Quality Group of Construction Companies and Albédo) and the contract, awarded to McGill’s company for Maryland and Grand Gedeh Counties.
Bid documents reveal that a Liberian owned and operated company JV of Integrated Service & Equipment Inc and Eya Bantu had a better proposal and solutions to invest in the Southeastern Grid Network that would have led to a major economic transformation and job creation for the citizens in Southeastern Liberia.
It is also reported that the decision to grant LIB ENERGY the Asset Management Contract has raised eyebrows and sparked a heated debate on the ethical implications of such dealings.As the CEO and Chairman of the Board of LEC, Captan holds a pivotal role in the World Bank-funded Liberia Accelerated Electricity Expansion Project (LACEEP), also as the Project Director aimed at addressing critical issues within the electricity sector, including limited generation capacity and financial constraints.
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