Vice President Jeremiah Koung orders government ministries and agencies with multiple accounts to close them down for transparency.
By Thomas Domah, Nimba County
Ganta, Liberia, February 14, 2025 –Vice President Jeremiah Koung and Deputy Finance Minister for Economic Management Dehpue Y. Zuo reveal that the Liberia Electricity Corporation (LEC) and several government ministries and agencies are operating with multiple accounts.
Vice President Koung notes that the LEC and other public entities run over 30 accounts under their control.
The Vice President mandates that the Ministry of Finance Development and Planning close those multiple accounts immediately.
He gave the order during a two-day retreat on the energy sector held on his farm outside Ganta, Nimba County.
Deputy Finance Minister Zuo confirms the report of multiple accounts being operated by various government ministers and agencies.
According to him, the corrupt act started in 2006 and continues under the administration of former President Ellen Johnson Sirleaf.
Minister Zuo describes such official conduct as very bad, as it is not productive for the country’s growth and development.
He discloses that the Ministry of Finance will shortly close down those accounts.
The retreat was intended to appraise output from various government agencies, including former managers of the Liberia Electricity Corporation, to address the poor energy sector here. Editing by Jonathan Browne