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LEITI-GYAC Hosts Natural Resource Governance Forum for Youths

12/10/2014

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In observance of International Anti-Corruption Day, the Liberia Extractive Industries Transparency (LEITI) in partnership with the Global Youth Anti-Corruption Network (GYAC), held a special natural resource youth forum in Monrovia on December 9, 2014.

The forum was intended to promote youth understanding of the issues in the resource sector and encourage their participation in the fight against corruption in Liberia. Held under the theme: Enhancing Youth Participation in Natural Resource Governance In Liberia”, the program brought together about 100 young people from across the country, 60% of them students participating in the Extractive Club Program, a LEITI youth-focused outreach initiative being implemented at various high schools in Liberia.

Presenting on findings and recommendations from the 4th and 5th EITI Reports for Liberia, LEITI Communications and Outreach Officer Samson Wonnah outlined several issues including failures of some companies to comply with the process and discrepancies identified in the reconciliation process of amounts reported as taxes paid by the extractive companies and those the government acknowledged receiving in revenues.

Mr. Wonnah said such failures in complying with the EITI reporting process seriously undermine efforts to promote transparency over revenues from the extractive sectors, stressing that public disclosure of taxes from the extractive sectors is a legal requirement. Mr. Wonnah also disclosed that LEITI would further investigate the reported discrepancies to ensure every cent due the Government and people of Liberia is fully accounted for.

Also speaking on the significance of the event, the LEITI Spokesman said part of the idea behind the program was to re-awaken the LEITI youth engagement campaign particularly in the wake of the scale-down of activities due to the outbreak of the Ebola virus disease in Liberia.

 The Extractive Club Program, funded by the German Development Cooperation (GIZ), has enabled LEITI to reach out to  over hundred and fifty students during the past two years, promoting  amongst them the value of integrity and increasing  their understanding of the extractive sector, thereby preparing them for greater leadership role in the near future. Whether through field trips to extractive companies, mentorship program, peer-to-peer discussions and inter-high school debates, the e-Club Program has stirred excitements amongst students and allowed them to contribute to the debates and discussions regarding transparent resource management in Liberia.

Mr. Lasana A. Kromah, Sr., Enforcement Manager of the Real Estate Tax Division of the Liberia Revenue Authority (LRA) and Mr. Stephen B. Lavalah, Senior Policy Analyst at the GYAC also made presentations respectively on “Sustainable Management of Revenue Flows in the Extractive Industries” and “Environmental Impact on Natural Resource Extraction”.

December 9, is annually observed as International Anti-Corruption Day since the passage of the United Nations Convention against Corruption on 31 October 2003. Yesterday’s event was held at the YMCA Conference Room in Monrovia and broadcast on major national radio and television stations. Pictorial from the occasion can be viewed on the link below:

https://www.facebook.com/media/set/?set=a.818829284846887.1073741890.276148339114987&

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LEITI Begins 6th Report Preparation with Technical Workshop

12/3/2014

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Monrovia, Liberia; Saturday, November 29, 2014: The Secretariat of the Liberia Extractive Industries Transparency Initiative (LEITI) has concluded a one-day technical workshop aimed at enhancing effectiveness in the preparation of the 6th EITI Report for Liberia.

The Report, which preparation will begin shortly, will capture all material payments of taxes, royalties, land/surface rentals and other administrative fees paid to, and acknowledged by the Government of Liberia by companies in the oil, mining, forestry and agricultural sectors for the period July 1, 2012 to June 30, 2013.

The technical workshop allowed representatives from concerned companies in the extractive sectors and relevant government agencies to review and modify existing LEITI reporting templates incorporating new taxes that were introduced during the current reporting period. The occasion also enabled the stakeholders to identify and seek remedies to several challenges affecting the reporting.

The workshop was held on Friday, November 28, 201 at the P.A’s Rib House in Sinkor, Monrovia. Government ministries and agencies participating include the Ministry of Lands, Mines and Energy; the Ministry of Agriculture; the Forestry Development Authority; the National Oil Company of Liberia; the General Auditing Commission and the Liberia Revenue Authority.

Speaking to participants in an introductory remark, LEITI Head of Secretariat Konah D. Karmo said, public disclosure of taxes and revenues from the extractive sectors is a legal requirement and companies and government agencies failing to comply with this requirement will be sanctioned in accordance with the laws.

Under the LEITI Multi-stakeholders Steering Group Regulations of 2009, Sanction regime to address non-compliance to EITI reporting is progressive, ranging from demand to comply, public censure, notice of intent to affect operations, imposition of fines and recommendation for revocation of license. Mr. Karmo said, the LEITI Secretariat will not relent on punishing companies and government agencies that will hinder the public’s rights to know proceeds from the extraction of their resources.

Also speaking, the Deputy Commission for Revenue of the Liberia Revenue Authority, Decontee King Sackie called for inter-agency collaboration to review and address challenges in the EITI reporting as well as other issues affecting the collection of relevant revenues due the State.

The preparation of EITI Reports which contain disclosure of reconciled data of taxes paid by companies and revenues received by the Government is one of the core functions of the Liberia Extractive Industries Transparency Initiative.

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