The Liberian leader, President Joseph Nyuma Boakai has given more responsibilities to the Director General of the Bureau of State Enterprises, Author Siaka Massaquoi authorizing him to conduct thoroughly review of all payments, renumerations, stipends and benefits extended to Boards members across State-Owned enterprises under his purviews.
In a letter dated on April 17, 2024 and addressed to Mr. Massaquoi signed by the Liberian leader, President Boakai urged him to “Coordinate with the Senior Advisor to the President, Dr. Augustus Konneh regarding the issue and prepare a comprehensive report within the next ninety days to facilitate a timely and informed decision-making”, the President’s letter concluded.
This undertaking underscores a resolute commitment to fostering transparency at every level of operation within SOEs. By subjecting financial remuneration to rigorous scrutiny, the government aims to reinforce accountability and promote equitable practices within these entities. Such measures not only enhance public trust but also cultivate an environment conducive to sustainable development and economic growth.
In furtherance of the above-mentioned exercise, the senior advisor to H.E President Joseph Nyuma Boakai Sr, Hon. Augustine Konneh paid a courtesy visit at the Bureau as a way of conducting a comprehensive evaluation of the Bureau’s progress, achievements and challenges and exercise ahead. His visit, as it will inform the President, ensuring that the BSE receives support and resources for performance.
As you may recall, Hon. Massaquoi’s commitment during the turning-over of authority program to the reactivation process of the Bureau. By aligning with the ARREST agenda, which emphasizes transparency, accountability, and development, the BSE reaffirms its dedication to fulfilling its statutory mandate with integrity and efficacy and to ensure improve performance across all state-owned enterprises and provide policy options to the government of Liberia.
Hon. Massaquoi further indicated that his administration will exert its core function of oversight, professional regulation and consultancy; he also indicated that his administration would curb wastes and leakages within the sector and maintained that “IT WILL NOT BE BUSINESS AS USUAL”, a press release posted on the agency’s social media page said
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