spot_imgspot_img
Thursday, November 21, 2024

LCC LAUNCHES $15 MILLION OFF-BUDGET SPENDING PROBE, VOWS NO STONE WILL BE LEFT UNTURNED

Date:

MONROVIA – The Liberia Anti-Corruption Commission (LACC) has launched a formal investigation into allegations of off-budget spending by the Government of Liberia amounting to $15 million. The Executive Chairperson of the LACC, Cllr. Alexandra Zoe, confirmed the inquiry during a press briefing on Monday, September 30, 2024, emphasizing the Commission’s commitment to transparency and accountability.

Cllr. Zoe stated that the LACC’s mandate to safeguard public resources is at the forefront of the investigation, and any evidence of wrongdoing will lead to necessary legal actions, including sanctions and prosecutions. “We take these allegations seriously, as they touch on matters that are core to our institutional objectives. Off-budget expenditures, if confirmed, can undermine public trust in governance, weaken fiscal discipline, and pose risks to the country’s financial integrity,” Cllr. Zoe remarked.

She further assured the Liberian public that the LACC has already begun a preliminary review of the claims. A comprehensive investigation will follow, with the goal of establishing accountability and ensuring that all legal procedures are meticulously followed. Throughout the process, the LACC intends to collaborate with relevant stakeholders, including the Ministry of Finance and other oversight bodies, to guarantee a fair and thorough inquiry.

“Let us collectively uphold the principles of due process, ensuring that all findings are based on verifiable facts and evidence,” Cllr. Zoe urged, calling on the public and media to avoid undue speculation. The LACC, she said, is resolute in its mission to combat corruption in all forms and will ensure that any confirmed acts of financial mismanagement are met with the full force of the law.

With the growing importance of fiscal transparency in Liberia, this investigation serves as a crucial step in maintaining public trust in governance and holding those responsible for financial irregularities accountable.

smartnews
Smart News Liberia is an online news outlet and a product of Smart Media Group Inc. Our website, smartnewsliberia.com, covers a broad spectrum of news content. For inquiries or information, you can reach us at 0777425285 or 0886946925, or email us at smartnewsliberia@gmail.com or info@smartnewsliberia.com.

LATEST DEVELOPMENT

CAN LIBERIA’S NEW INDEPENDENT PORT AUTHORITY DELIVER REAL CHANGE? ADVOCATE GUAR WEIGHS IN

 “Will the Independent Seaport and Inland Ports Regulatory Authority...

FOREIGN MINISTER NYANTI AND PRES. BOAKAI ARE HIDING $25 MILLION NEKOTECH DUBIOUS SCHOLARSHIP PROGRAM

Former Assistant Minister for Information Services, Matthew Nyanplu, has...

SILENCING CRITICS, SHIELDING FAILURES – THE EXECUTIVE’S ROLE IN UNDERMINING LIBERIA’S GOVERNANCE

MONROVIA - The suspension and subsequent resignation of Matthew...

A MILESTONE FOR LIBERIA’S HIGHER EDUCATION, BUT CHALLENGES REMAIN

The launch of Liberia’s first doctoral programs at the...

BOAKAI’S MISPLACED AMBITIONS AS LIBERIA BLEEDS AND THE PRESIDENT COURTS GLOBAL VANITY

Eight months into his presidency, Joseph Boakai’s administration is...

TAKE IMMEDIATE PRECAUTIONS TO PREVENT THE SPREAD OF MPOX – STAY ALERT, STAY PROTECTED

As Liberia confronts the resurgence of Mpox, the confirmation...

NO JUSTIFICATION FOR HIGH SALARIES OF BOAKAI ADMINISTRATION OFFICIALS AMID ECONOMIC STRUGGLES

In the midst of Liberia's current economic struggles, revelations...

COMMENTARY

PRES. BOAKAI’S LACK OF LEADERSHIP AND LIBERIA’S POLITICAL CRISIS

-A Commentary Joseph Boakai's failure to lead has once again...

THE MASS DISMISSAL OF LIBERIAN PUBLIC SERVANTS: A TROUBLING TREND UNDER THE BOAKAI ADMINISTRATION

A Commentary by Wondah L. Jah Since assuming the presidency,...

SECURITY RISKS: IS PRESIDENT BOAKAI UNKNOWINGLY SETTING THE STAGE FOR EARLY COUP D’ÉTAT?

In his commentary, Liberian political analyst Vandalerk R. Patricks...

IS JOSEPH BOAKAI LISTENING TO PROTESTS AROUND AFRICA?

A Commentary By Wondah L. Jah In January, Joseph Boakai,...

LATEST NEWS

CAPITOL IN CRISIS AS SPEAKER KOFFA’S AUTHORITY ERODES AMID GROWING CORRUPTION ALLEGATIONS

MONROVIA – In a fast-developing political saga, a group...

WORLD BANK SUSPENDS DISBURSEMENT TO LIBERIA OVER UNPAID LOANS

The World Bank has issued a notice to the...

INVESTIGATION REVEALS POSSIBLE FRAUD IN US$25 MILLION FOREX INFUSION BY PREVIOUS CDC GOVERNMENT

MONROVIA, LIBERIA – A recent investigation has uncovered significant...

Share post:

EXCLUSIVE INTERVIEW

OPINION

LIBERIANS ARE IN AN ABUSIVE RELATIONSHIP WITH THE UP AND CDC

  An Opinion By Grace RK Guar Every six...

AMERICA’S NEGLECT OF LIBERIA: A CALL FOR CHANGE

An Opinion By Bishop Dr. Rudolph Q. Kwanue, Sr A...

AMID AN UNENDING WAR AGAINST POVERTY, INJUSTICES – HAS THE PROGRESSIVE STRUGGLE BECOME LOST IN TRANSLATION?

A Patriot's Diary With Ekena Wesley What manner of Liberian progressives...

HAS PRESIDENT BOAKAI’S GOVERNMENT BEGUN BEARING GOOD FRUITS? (PART1)

By Jacob N.B. Parley Following a careful reflection, I have...

ELEVATING THE AG BIBLE COLLEGE TO A UNIVERSITY: A MILESTONE ACHIEVEMENT

By Jacob N.B. Parley After many years of successful preaching...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link