E-Mansion–Liberia’s 26th President Amb. Joseph Nyuma Boakai Sr., has signed executive order 126 establishing the office of assets recovery.
According to a press release from the Executive Mansion, the president decision Comes after a widespread concerns regarding the unlawful acquisition of wealth by some past government officials at the expense of the Liberian people.
According to E-Mansion, The Office of Assets Recovery will spearhead efforts to identify, trace, and retrieve assets that have been illegally acquired or converted to private use.
As part of the assets recovery enforcement, the task force will collaborate closely with agencies such as the General Services Agency and the Ministry of Justice, as well as all security agencies.
He further mandated the task force to include initiating criminal prosecutions and civil litigations against individuals implicated in asset misappropriation, both domestically and internationally.
The Liberian maintained that travel restrictions will be imposed on suspects, and efforts will be made to extradite individuals residing outside Liberia’s jurisdiction.
By: Alphanso G. Kalama
