Monna Group Liberia Limited has entered into a debt collection agreement with Crowe Liberia, LLC, the Liberian member firm of the Crowe Global network, in connection with the court-ordered liquidation of Monrovia Oil Trading Company (MOTC). The engagement adds Monna Group’s recovery expertise to a liquidation process that Crowe Liberia has been appointed by the court to oversee from an accounting standpoint.
A Court-Appointed Role, A Recovery Partner
When Monrovia Oil Trading Company went into liquidation, the court ordered Crowe Liberia to manage the company’s accounting activities throughout the process – a role that typically involves bringing clarity and order to a company’s financial affairs as its assets and liabilities are wound down. Part of that work involves accounting for amounts owed to the company by its debtors.
That is where Monna Group’s engagement fits in. Under the debt collection agreement, Monna Group has been brought on to support the recovery of outstanding amounts owed to Monrovia Oil Trading Company – working on Crowe Liberia’s behalf, in its capacity managing the company’s liquidation accounting, to help convert outstanding receivables into recovered value as part of the broader liquidation effort.
About Crowe Liberia, LLC
Crowe Liberia, LLC is a full-service accounting firm licensed to practice in Liberia and a member firm of the Liberian Institute of Certified Public Accountants (LICPA). As part of the Crowe Global network — currently ranked among the top ten international accounting and consulting networks in the world — the firm draws on internationally recognized standards and resources while maintaining a strong, established presence in the Liberian market.
The firm traces its roots to T.D Joseph & Associates, founded by Theo. Deputy Joseph after 24 years as Managing Partner of Baker Tilly Liberia Limited, and its senior staff collectively bring decades of public accounting experience across Liberia, the United States, Nigeria, and Sierra Leone. Crowe Liberia has built a reputation in the Liberian marketplace for rigorous, standards-driven work — a track record that made it a fitting choice for the court’s appointment in the MOTC matter.
Why This Engagement Matters
Liquidation proceedings depend on the accurate, timely recovery of what a company is owed — money that ultimately factors into how the liquidation is resolved for all parties involved. By working alongside Crowe Liberia’s accounting oversight, Monna Group is contributing focused, professional debt recovery capability to a process that requires both financial rigor and diligent, lawful collection work.
For Monna Group, being engaged in support of a court-supervised liquidation handled by a Crowe Global member firm is a reflection of the trust placed in our team to handle sensitive, high-stakes recovery work with the professionalism it demands.
Looking Ahead
Monna Group is committed to carrying out this engagement in full compliance with Liberian law and in close coordination with Crowe Liberia as the liquidation process moves forward. We look forward to supporting a resolution that serves the interests of all parties connected to the Monrovia Oil Trading Company liquidation.
For more information about Monna Group’s debt recovery services, please contact our team.