A Liberian-owned advertising firm, Matrix Solution Inc. has accused the National Oil Company of Liberia for strangulating its business with the oil company’s alleged refusal to settle its financial obligation with his entity.
Mr. Varney A Fahnbulleh, head of Matrix Business Solution, said NOCAL is indebted to his advertising firm the amount of US$154,630.00. Matrix Solution according to Mr. Fahnbulleh provided services of billboards for NOCAL and branded the Samuel Kanyon Doe Stadium during the 2013/2014 County Meet.
The Matrix boss who displayed several supporting documents to this paper said because of NOCAL’s refusal to settle its financial obligation with Matrix, the Paynesville City Corporation issued a writ of summons under the title: Action of Debt on the entity.
He said based on that, the Management of Matrix was forced by the Paynesville Magisterial Court to settle US$2,964.00 to the City Corporation thus, strangulating his business that was also hard hit by the outbreak of the Ebola virus.
Matrix in a communication to NOCAL dated September 7, 2014, a copy of which was obtained by this paper reminded the oil company of its (Matrix’s) request for payment for the fabrication, installation and printing of 10 billboards used by NOCAL within Monrovia and its environs.
In the communication Matrix acknowledged that even though it did not sign a formal contract but it was agreed in principle that NOCAL would have her artwork displayed on the billboards and payments to be made annually.
Fahnbulleh said his business firm submitted several communications requesting payments and others requesting confirmation for the continuation of the annual lease of the boards from the period of January to December, 2014.
Giving the breakdown of the US$154,630.00, Matrix said the annual lease of ten billboards, 9Jan.-Dec. 2013) amounted to US$63,900; stadium branding (2013/14 National County Meet) US$13,850 and annual lease of ten billboards Jan.-Dec. 2014) amounts to US$76,880 thus totaling to US$154, 6030.
But in its response to Matrix’s communication, NOCAL in a communication dated November 24, 2014, said Matrix Business Solution does not have an existing contract with NOCAL for the provision of billboard services; and that Matrix has not provided sufficient, adequate, and accurate supporting documentations to establish a basis for payments.
The Management of NOCAL further argued that Matrix has not provided documented evidence to it that would lead to the payment of liabilities incurred by the company.
In his argument, the legal Counsel of NOCAL, Cllr. Dunbah accused Matrix of wanting to exploit NOCAL by the installation of billboards without the company’s consent.
But in a recent talk show at a local radio station, the Public Relations Officer of NOCAL, Jonathan Sengbeh admitted to NOCAL having an agreement with Matrix. He said Matrix and NOCAL are partners and that Matrix has been providing quality services to the company.
Though NOCAL argued that it does not have an existing contract with Matrix, a copy of an Ecobank check from NOCAL dated July 31, 2012, obtained by The INQUIRER revealed that the oil company paid an amount of US$17,700.00 to the very Matrix for the same billboards and printing services though the company said it does not have an existing contract with.
The writer of this story visited the offices of NOCAL several times yesterday but was told by the security at the door that most of the officials of NOCAL were either out or were very busy.
He was also told that the Public Relations Officer of NOCAL was at the other annex of the company on Ashmun Street but efforts to see him there proved futile.