letters to the Executive Governor of the Respondent’s Central Bank imploring the release of its funds. That after waiting for years for the conclusion of the alleged investigation by the Central Bank of Liberia, its Solicitor vide a letter dated 20th March, 2017 wrote to the Respondent’s Central Bank requesting for the final position on the matter. In response, the Central Bank wrote a letter dated 3rd April, 2017 stating that the CBL had transferred the suspicious activity report of the Applicant to the Financial Intelligence Unit to handle the case. 11. The Applicant further maintained that till date, the Respondent’s Central Bank has failed to inform them of the conclusion of the said “suspicious activity” investigation or release its funds. That the continued withholding of its funds by the Respondent’s bank has affected their business activities as its Directors who provided the confiscated funds as their capital are now indebted to banks and individuals in Nigeria. 12. In conclusion, the Applicant avers that prior to this application, the interest rate charged by banks and other financial institutions in both Liberia and Nigeria are running for about 21% per annum and they are entitled to a refund of the sum of Three million Dollars (US$3,000,000.00) with accrued interest at the rate of 21% per annum by the Respondent. Pleas in law as filed by the Applicant: 13. The Applicant formulated an issue for determination by the Honourable Court as ‘whether in the circumstances of this application, the Applicant is not entitled to a refund from the Respondent of the sum of Three Million Dollars (US$3,000,000.00) with accrued interest?” 14. The Applicant argues that Article 4(g) of the Revised Treaty of ECOWAS recognizes the promotion and protection of human and people’s rights in accordance with the provisions of the African Charter on Human and Peoples’ Rights (ACHPR). Article 14 of the African Charter on Human and Peoples’ Rights provides that: “The right to property shall be guaranteed. It may only be encroached upon in the interest of the Community and in accordance with the provisions of appropriate laws”. 15. The Applicant insists that the above provision of the African Charter on Human and Peoples’ Rights guarantees right to its property and forbids any 4