Liberia Debunks $U.S Eight Billion Concessions Report, Clarifies Draft Audit Findings

The Ministry of Information has reacted to the May 1 publication of Reuters in which the global news service leaked contents of a draft report from the London-based auditing firm Moore Stephens. The draft audit report identifies various non-compliance issues with current laws and procedures in the award of contracts and concessions in the agriculture, mining, oil and forestry sectors of Liberia.

While confirming that the Liberia Extractive Industry Transparency Initiative (LEITI) contracted Moore Stephens in collaboration with Parker and Associates, a Liberian firm, to conduct the process audit and investigation, Liberia's Information Minister Lewis Brown also observed that it is rare for a government watchdog to undertake such audits, pointing out that the continuous desire of the government to self-check is a good thing, which in this case, is also intended to close loopholes and strengthen processes and procedures, in the award of contracts and concessions.

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