As part of his attempts to combat corruption, President Joseph Boakai of Liberia has ordered an audit of three important government agencies, including the central bank.
Boakai who recently won the election to lead the West African country on a platform of fighting corruption and enhancing living conditions, defeated his predecessor George Weah in the elections held in November.
The president issued a statement stating that Boakai has requested that the national security agency, executive protection service, and central bank be audited by Liberia’s General Auditing Commission.
The investigation will focus on the years 2018–2023, and it will submit its results in a three-month period.
The Corruption Perceptions Index (CPI) for 2023 in Africa reveals a range of outcomes, with notable improvements in a few nations. Nonetheless, the majority of African nations saw a state of stagnation, which preserved the region’s continuously subpar performance and preserved the average regional score of 33 out of 100.
According to Transparency International’s 2023 CPI, out of 180 countries, Liberia is ranked 145th least corrupt. From 2005 to 2023, Liberia’s corruption rank averaged 114.67; it peaked at 150.00 in 2007 and fell to a record low of 75.00 in 2012.
According to the statement, it is “the beginning of a holistic audit of government ministries and agencies” in keeping with Boakai’s pledge to combat corruption and guarantee openness.
The central bank did not respond to questions about confirmation.
Weah suspended three government officials in August 2022 after the US imposed sanctions on them due to what the US claimed was their continued involvement in public corruption.