MONROVIA – Nimba County Senator Nya D. Twayen has called for a detailed review of ArcelorMittal Liberia’s (AML) profits, claiming the company owes the Liberian government approximately $1.5 billion in undeclared earnings. In a post on his official Facebook page, Senator Twayen cited findings by Mr. Collin, based on data from both AML and the Government of Liberia (GOL).
According to the senator, AML has invested a total of $3 billion in Liberia and generated $8 billion in revenue, with an estimated net profit of $5 billion. Thirty percent of this profit, about $1.5 billion, remains unaccounted for, as the company has allegedly failed to declare the full amount.
“We will be writing the Inter-Ministerial Committee on Concession and the Presidency to take up this issue before any renewal talks are attempted,” Senator Twayen stated, emphasizing the need for financial transparency and accountability.
The senator noted that his office is moving beyond advocacy for social and community development obligations under the Mineral Development Agreement (MDA) and is now engaging in deeper financial analysis of AML’s books.
Senator Twayen’s statement has sparked discussion among policymakers and civil society groups about transparency, proper revenue declaration, and the potential renegotiation of agreements with foreign investors operating in Liberia.
