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-290-<br />

1976 ULC's operations were (temporarily) suspended - by the<br />

Government. On March 24, 1976 another logging company, the<br />

"Brazilian Afro Logging Company" (BALCO) sold its concession<br />

rights to the U,L.C. (without Government approval). On April 23,<br />

1974 BALCO had already assigned the Vai Kone area of its<br />

concession area to the U.L.C. (32,400 acres).<br />

BALCO had obtained a timber concession agreement on May 31 , 1973-<br />

<strong>The</strong> company was given a concession area (Area "A") of 74,500<br />

acres in Baworobo Chiefdom, Maryland County, and 68,000 acres in<br />

Webbo Chiefdom, also in Maryland County, With an Addendum to the<br />

concession agreement BALCO acquired an additional concession<br />

area of 40,000 acres in Bopolu District, Lower Lofa County and<br />

32,400 acres in the Vai Kone Chiefdom, Grand Cape Mount County<br />

(December 12, 1973). According to the company, operations<br />

commenced effectively in the middle of December 1973 in Maryland<br />

County but after complaints of Bell Timber Company that BALCO<br />

intruded into Bell's concession area the Minister of Agriculture<br />

stopped BALCO from operating in the area. <strong>The</strong> area subsequently<br />

assigned to BALCO was evacuated by the latter after it<br />

was found out that it. was an area surrounded by other concessionaires<br />

who, still according to BALCO, refused them passage<br />

to their concession area through their concessions (particularly<br />

LEVCO and NACA).<br />

In February 1974 BALCO withdrew completely from its concession<br />

area in Maryland County and the company commenced operations in<br />

Lower Lofa County. This brought the company in conflict with the<br />

Liberia Mining Company which had been granted the area years<br />

before. It is worth mentioning that it was not only BALCO which<br />

intruded into LM's concession area. Other logging companies<br />

exploiting the timber in LMC's concession area were Tropical<br />

Farms, the United Logging Company, St. Paul Joint Venture and<br />

the Mecca Logging Company (65). After a period of which not much<br />

is known BALCO was sold to ULC on March 24, 1976.<br />

Conflicts of interest and Liberian internal politics<br />

BALCO was owned by a rich Lebanese businessman of Liberia, Nassi<br />

Charara (84?), and four Liberian partners: Alfred Sayeh (6?),<br />

Joetta Fully (4?), Anthony Gorgla (3?), and Willie W. Cooper<br />

(3?)- <strong>The</strong> participation of these Liberian nationals caused sevei<br />

problems In 1974 as one of these Liberians, Alfred Sayeh was<br />

Assistant Minister of Agriculture (for Forestry) and as it was<br />

found out that Joetta Fully was a daughter of George Fully, alsc<br />

working in the Ministry of Agriculture (Bureau of Forestry, Chi<<br />

Conservator of Forests).<br />

<strong>The</strong> same applied to the other two Liberian Shareholders, Anthon<br />

Gorgla, Inspector General of Forests, and William Cooper, mappe<br />

An investigation held by the National Security Agency into

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