The Speaker of the 55th Legislature, Richard N. Koon, has been summoned by the 6th Judicial Circuit Civil Law Court in Montserrado County to appear on Friday, May 23, 2025.
Koon is to answer to a complaint filed by his estranged wife Angeline Mamie Worloh Koon for his inability to account for an estimated US$209, 000 as proceeds generated in rental fees for 10 apartments, they both owned.
The legal action against Koon barely two weeks after his election as a legitimate speaker of the House of Representatives for months of impasse.
Madam Koon informed the court that she is the legal wife of the Speaker having been married for 25 years.
“During this period, we acquired a joint property in March, 2004, located near the Unity Conference Center Community, Hotel Africa Road, Virginia, Montserrado County.
Madam Koon alleged that since 2005, they developed the land and built five duplexes containing two apartments each for a total
of 10 apartments.
According to her, in 2007, she and her husband (Koon) mutually agreed to use the properties for rental purposes to generate funds and support their family, “but to date, the respondent as the one managing the properties has failed, refused and neglected to provide petitioner with any information about income generated from the rentals or leaser and how such proceeds are being used and for whose benefit.”
Petitioner says the estimated income for the first year (2007) was US$11, 000, but she has no clue whether the projected income was met; what the income for the last 19 years.
Madam Koon told the court that the purpose of renting the properties have not been met as Mr. Koon was not accounting to her prior to them having separate abodes, “and is still not accounting to me even now.”
She further says the apartments are not being properly maintained.
Madam Koon said despite the properties belonging to both of them, Mr. Koon continues to singlehandedly supervise them, select tenants and collects rents without any reference to her.
“He is operating and managing the apartments to the total exclusion of me as evident by the tenants currently occupying all the apartments without my presence and knowledge, ” She stated in her complaint to the court.
Petitioner says the respondent has failed to account or make any form of report to the her, thereby depriving her rights to the income generated so far.
Madam Koon claimed that every effort she made to get information about their joint property and proceeds generated from rentals and or leases, have yielded no results over the years.
She says this has been a long source of contention over the years, beginning as far as 2015.
“Me and Koon had a heated argument about his lack of accounting and report on the proceeds from the rent during which he told me to go to the apartments and ask the tenants for copies of their receipts.”
Petitioner says she managed to get a fewer copy of receipts from some tenants to see how much was being paid, but since then, Mr. Koon has instructed the tenants not to deal with “me, in spite of our joint ownership, thus depriving me of my share from the rent.”
She said a petition for proper accounting will lie to hold the person managing the property liable to account for the operations and financial accounting of said properties where said person is depriving the owner of their financial interest, whether in
estate and trusts, corporation, leases, tenancy etc.
Madam Koon in her petition, quoted the Black’s Law Dictionary 10th Edition defines accounting as “a legal action to compel a defendant to account for and pay over money owed to the plaintiff, but held by the defendant; it further says that “such an action is available when the rights of parties will be adequately protected by the payment of money.”
Petitioner says that its interest in the property will be adequately protected if her husband/respondent is compelled to account for and pay money from the rent owed to her.