President Boakai issue Executive Order No. 126, establishing office of Assets Recovery

Monrovia, Liberia – With the issuance of Executive Order No. 126, Liberian President Joseph Nyuma Boakai has made a historic contribution to the fight against corruption and the promotion of accountability. The Office of Assets Recovery is a task force tasked with looking into and punishing those who have misappropriated public assets, and it is established under this decree.

The establishment of this office represents a critical turning point in Liberia’s anti-corruption efforts, since it offers a well-defined mandate and the requisite tools to hold individuals accountable for misusing public monies. To convey a clear message that asset misappropriation will not be allowed, the task force will have the authority to file both criminal and civil lawsuits against anyone involved.

The Office of Assets Recovery’s purview goes beyond Liberia’s boundaries since it will also pursue those who have left the nation in order to avoid facing consequences. The task force will ensure that suspects living outside of Liberia’s jurisdiction receive justice for their alleged crimes by closely collaborating with international allies to extradite them.

President Boakai’s executive order has provisions for restricting suspects’ travel in order to increase the task force’s efficacy. The purpose of this action is to stop people who are being investigated from leaving the nation and avoiding the legal system.

The Office of Assets Recovery was established as a demonstration of President Boakai’s dedication to advancing accountability, openness, and sound governance in Liberia. In an effort to safeguard public resources and rebuild public confidence in the country’s institutions, the administration is tackling corruption and asset misappropriation head-on.

It is anticipated that the task force will put forth great effort in looking into allegations of misconduct, assembling compelling evidence against them, and working with foreign allies to make sure that justice is done. In addition to holding offenders accountable, the recovery of embezzled assets would assist replenish the state coffers with much-needed cash, which will benefit all Liberians.

With much hope that this audacious move will signal a sea change in Liberia’s battle against corruption and open the door to a more open and accountable future, the country is eagerly awaiting the Office of Assets Recovery’s opening.