Published: November 20, 2024
Monrovia – The Liberia Anti-Corruption Commission (LACC) is set to implement an extensive Asset Declaration Verification Process for public officials, a move aimed at bolstering transparency and accountability within the government. The initiative, expected to be launched under the authority of the New LACC Act of 2022, is designed to enforce compliance with financial disclosure laws, restore public trust, and align Liberia with international anti-corruption standards.
Speaking on behalf of LACC Executive Chairperson Cllr. Alexandra Zoe at a stakeholders’ meeting on Tuesday, the Executive Assistant to the Chairperson, Vivian Akoto, stressed the importance of the initiative. She described it as a critical step toward promoting integrity and good governance in Liberia’s public service.
“This initiative underscores our commitment to ensuring that public officials uphold the highest standards of accountability. By verifying asset declarations, we will build public confidence and align with global best practices in anti-corruption efforts,” Akoto said.
To ensure the verification process is effective, the LACC is partnering with key government agencies, including the Liberia Revenue Authority (LRA), Liberia Business Registry (LBR), Ministry of Transport (MoT), Liberia Land Authority (LLA), Center for National Documents and Records Agency (CNDRA), and the Financial Intelligence Agency (FIA). These institutions will provide accurate data and facilitate the verification process.
The one-day stakeholders’ meeting, held at the LACC headquarters in Monrovia, brought together representatives from various government institutions and other key stakeholders to discuss strategies for advancing Liberia’s anti-corruption agenda.
The New LACC Act of 2022 grants the Commission expanded authority to investigate and verify asset declarations made by public officials. This development represents a significant step toward enhancing transparency in public office, preventing illicit enrichment, and strengthening the country’s anti-corruption framework.
The LACC has announced that the verification process will commence soon and has urged public officials to comply with financial disclosure requirements to avoid penalties. This initiative is seen as a crucial measure in Liberia’s ongoing fight against corruption.
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