LACC Urges Partners to Help Trace Stolen Liberian Assets

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MONROVIA, December 12 (LINA)-The Liberia Anti-Corruption Commission (LACC) has called on development partners to help trace corrupt proceeds and resources belonging to Liberians in banks and other financial institutions across the world.

The Chairman of LACC, James Nyepan Verdier, made the call at the occasion commemorating International Corruption Day in Monrovia recently.

According to Verdier, this will help the commission identify and recover stolen assets and institute mechanisms to extradite and prosecute those individuals responsible.

He added: “By doing so, we can curtail corrupt activities before they
get entrenched in the country’s daily business transactions.”

He noted that LACC is currently working with 12 institutions that received funding under the Ebola response project to ensure that all the processes they are utilizing in expending the Ebola resources are in line with best practices and that the risk of corruption is extremely low in these expenditures.

Verdier pointed out that Liberia is rated the second poorest country in the world mostly due to corruption, and encouraged Liberians to “blow the whistle on corrupt activities,” adding, “this will make those wanting to engage in corruption afraid.”

He pointed out that transparency and accountability in public space must be strengthened by enforcing the rule of law. He used the occasion to call on all patriotic Liberians to expose corruption wherever it exists without fear or favor.
LINA