Liberia SocietyLiberian NewsPress ReleaseUncategorised

Firestone Liberia “Shocked And Deeply Disappointed” By Court Ruling In Pension Case

(Last Updated On: )

                                                                PRESS STATEMENT

July 24, 2021

Firestone Liberia LLC

Harbel, Liberia, West Africa

Contact:        Media Contact: 

Patrick Honnah                                 

honnahpatrick@bfusa.com+231 88 658 1868                 

 Firestone Liberia LLC Statement Regarding Court Ruling

We are shocked and deeply disappointed that the Thirteenth Judicial Circuit Court, Margibi County did not rule in favor of Firestone Liberia in a pension case involving former employees of the company. The claim made by “the Retirees of Firestone Liberia” to receive double pensions is contrary to law as clearly stipulated by the Decent Work Act of the Republic of Liberia, and confirmed by the National Social Security and Welfare Corporation – who was joined in the case with Firestone Liberia. As such, Firestone Liberia will now take this case to the Supreme Court to seek justice in the matter.

Firestone Liberia is built on core values of respect and trust for our employees and their dependents, and no other private company has done more to invest in the country and people of Liberia. Since the end of the Liberian civil conflicts, the company has invested more than $1.8 billion into the country’s economy.

As the company continues struggling to attain a viable and profitable business model in Liberia, such rulings by the judicial system that are contrary to established law put this goal, and our future viability in the country, in serious question.

 

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