Liberia Extractive Industries Transparency Initiative

President Weah Names Nine-Member Committee; Mandates Review of All Agreements, Contracts with Concessionaires…
February 15, 2018

Liberian President George M. Weah has constituted a Nine-member Special Review Committee to evaluate all concessions/management and other Agreements including contracts entered into by and between the Government of Liberia and Concessionaires and/or Contractors.
According to an Executive Mansion release, the President formed the committee on Wednesday, February 14, 2018 and mandated it to review and ensure that all contracts entered into by the Government of Liberia and Concessionaires are executed according to agreed principles in accordance with the Laws of Liberia. Read More

LEITI HOLDS TECHNICAL WORKSHOP AHEAD OF 9TH REPORT PREPARATION
November 27, 2017

The Liberia Extractive Industries Transparency Initiative (LEITI) has conducted a one day technical workshop on the submission of payment and revenue data for the 9th EITI Report for Liberia.
Speaking at a well-attended gathering in Paynesville, outside the nation’s capital Monrovia, the Head of the LEITI Secretariat, Mr. Konah Karmo said the EITI process has made tremendous progress on the Country especially in the fight against corruption in the sector noting that scrupulous implementation of the process in the Country has led to the revealing and subsequent closure of’ loop holes of corruption.’ Read more

…. ‘AMPLIFYING OUR VOICES’
July10, 2017
Recently, a three man LEITI team led by Deputy Head of Secretariat Myer W. Saye Sr. left Monrovia for Nimba and Bong Counties to again disseminate the abridged contract matrix. The contract matrix as it is called is a summarized and simplified version of major concession agreements signed between the Government of Liberia and the extractive companies. Other members of the team were Sector Analyst Elijah Kai and Finance Assistant George Dennis. Read more.

LEGISLATURE TO HOLD PUBLIC HEARINGS ON POST AWARD PROCESS AUDIT REPORT
The lower house of the Liberian legislature will shortly hold a public hearing on the second post award process audit report recently released by the Liberia Extractive Industries Transparency Initiative(LEITI).
The chairman of the House's Committee on Lands, Mines, Natural resources and Environment recently requested a meeting with the Head of LEITI Secretariat and his technical team aimed at fully understanding the nature of the report and the findings thereof so as to comprehensively seek the necessary solutions..Read more.

LEITI HOLDS DIALOGUE MEETINGS WITH CONCESSION STAKEHOLDERS
The Liberian adage that ‘anything you don’t know is older than you’ recently manifested in Sinoe and Maryland Counties when the Liberia Extractive Industries Transparency Initiative (LEITI) with support from the Liberia Accountability Voice Initiative (LAVI), a USAID funded project disseminated the simplified version of over twenty six extractive based concession agreements in Liberia. Read more

‘OPEN THE PROCESS TO US’
-BONG AND NIMBA CITIZENS CHALLENGE GOVERNMENT
Liberians in Bong and Nimba Counties are calling for transparency in the distribution of social contributions from concession companies operating in their respective Counties.
On March 6, 2017 until March 20, 2017 a team from the Liberia Extractive Industries Transparency Initiative (LEITI) lead by its Deputy Head of Secretariat, Mr. Myer W. Saye Sr. visited six concession affected communities in Nimba and Bong Counties for the dissemination of simplified concession agreements signed with the Liberian government over the years. The agreements are all extractive related-mining, agriculture, oil and forestry. Read more.

Snapshot of the LEITI Process

As part of our mission we seek to widely disseminate information to the Liberian people: Review our company database to learn more about the actors in the industry, read our most recent reports, or browse our extensive contract and concession library to view the contracts signed by the Government of Liberia.

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FOR FAILING TO FILE TIMELY DATA, LEITI PUBLISHES NAMES OF DELINQUENT COMPANIES
January 5,2018
The Liberia Extractive Industries Transparency Initiative has named several companies and a government agency for failing to make timely disclosure of tax payment data to the 9th EITI Report on Liberia.
Eleven Companies and a government agency were listed and published in several local dailies in Monrovia as well as aired on popular radio shows.
Article 4(b) of the LEITI Act of 2009 requires that all extractive companies and covered Government’s ministries and agencies disclose, at least once every year, the data of all payments made and revenues received in respect of the extraction of Liberia’s forest and mineral resources. This initiative is in support of the government’s effort to promote transparency and accountability over the management of revenues from Liberia’s extractive resources, ensuring that all citizens benefit from such resources.
“The preparation of the 9th Report for Liberia is on-going and at the data collection and payments reconciliation stage; and to date, a number of companies and a government agency have failed to submit payment data in both soft and hard copies to the LEITI process for the fiscal year July 1, 2015 to June 30, 2016. Such delinquency is posing a challenge to the timely completion of the 9th LEITI Report for Liberia.” A statement from the Secretariat read
The Multi-stakeholders Steering Group of the LEITI recently mandated that the names of these companies be published in line with the LEITI Sanction regime, and warns that further punitive actions, including revocation of licenses, will be taken against companies that insist on such non-complaint attitude. Read more

LEITI MAKES DATE WITH HISTORY AS GOVERNMENT PLEDGES SUPPORT
July 2, 2017
The Government of Liberia says it remains committed to resource transparency through the workings of the Liberia Extractive Industries Transparency Initiative (LEITI).
Finance and Development Planning Minister Boima Kamara pledged the government’s full support to the EITI process in Liberia especially when the Country has been given 18 months to make improvements in areas of the standards that Liberia scored less marks during the July 2016 validation.
The Finance Minister extolled the LEITI for remaining focused on ensuring a transparent and accountable natural resource sector amidst the devastating Ebola crisis in the Country.
Minister Kamara made the statement at the opening of a two day retreat of the Multi-stakeholder Steering Group (MSG) held in Monrovia on May 31st to June 1st, 2017. See gallery The retreat was intended to review the 2015 five year strategic plan of the LEITI aiming to realign the strategy with the new EITI standards. Read More

LEITI REACTS TO RECENT GLOBAL WITNESS REPORT
May 12, 2017
The Multi-Stakeholder Steering Group (MSG) of the Liberia Extractive Industries Transparency Initiative (LEITI) has reacted to a recent Global Witness report alleging illegality of all large contracts in the forestry sector and violation of other laws including the LEITI Act.
The recent Global Witness report on Liberia titled Holding The Line, is built on LEITI’s Beneficial Ownership Disclosure report as well as previous LEITI Reconciliation reports and alleges, among others, the existence of additional names behind the ownership of some forestry companies operating in Liberia which were not disclosed to the LEITI during the preparation of the Beneficial Ownership Disclosure report.
It can be recalled that LEITI released a Beneficial Ownership Report in December 2015 containing the names and particulars of beneficial owners (true owners) or people who have at least five percent shares in companies operating in the mining, oil, forestry and agriculture sectors of Liberia. The Multi-stakeholders Steering Group (MSG) of the LEITI considers these allegations contained in the Global Witness’ report that some companies in the forestry sector have made false declarations about their beneficial owners as serious and grave. Read more

BETHESDA WINS 2017 E-CLUB DEBATE
The Bethesda Christian Mission School (BCMS) in Paynesville along the Roberts field highway emerged as winners of the 2017 edition of the inter high school debate organized by the Liberia Extractive Industries Transparency Initiative (LEITI). Read more

VALUE ADDITION IS KEY TO THE EXTRACTIVE SECTOR’
Deputy Minister Zayzay avers
The Deputy Minister for Research and Planning at the Ministry of Internal Affairs is calling on the Liberian government to encourage value addition to extractive resources for the benefit of the people.
Mr. Augustus M. Zayzay says when companies are encouraged to start adding value to the resources locally; more Liberians will be gainfully employed and concession communities will progress. Read more

HOS CHALLENGES STUDENTS TO PUSH FOR TRANSPARENCY
April 26, 2017
The Head of Secretariat of the Liberia Extractive Industries Transparency Initiative (LEITI) has challenged students of the Stella Maris Polytechnic-a local tertiary institution to use their intellectual abilities to push for transparency over the management of the Country’s extractive sector.
Speaking to a cross section of students recently at programs marking the dissemination of the abridged contact matrix at that institution, Mr. Konah D. Karmo cautioned the students to use the material to invoke the required advocacies that will further enhance transparency over the management of the country’s natural resources. Read more.