Pres. Boakai Instructs SOEs To Investigate Reports Of Salary Disparity

By E. Chiedi Nyenmoh

President Joseph N. Boakai, Sr. has mandated officials of the Bureau of State-Owned Enterprises (SOE) to swiftly investigate media reports of excessive salaries and benefits allegedly being paid to some of its officials.

This is intended to ensure that there is a balance and fairness in compensation across the government, Deputy Information Minister for Technical Services, Daniel O. Sando said Tuesday, September 3, 2024, at the Ministry of Information, Cultural Affairs and Tourism (MICAT).

Minister Sando emphasized the important nature that the Liberian leader attaches to the investigation and reiterated the government’s resolve to address any irregularities found within the SOEs.

According to Minister Sando, the President's mandate is also aimed at addressing growing concerns over financial mismanagement and ensuring transparency in the compensation practices of these entities.

Minister Sando indicated that President Boakai’s decision to launch an investigation reflects his administration’s commitment to ensuring accountability and addressing any potential abuses of public resources.

 “The President emphasized the need for a thorough and expeditious investigation to uncover the truth behind these reports,”

The MICAT official noted that the directive also aligns with the broader goals of President Boakai’s government to promote transparency and good governance in all sectors by addressing these salary discrepancies.

Minister Sando stressed that the Unity Party Administration seeks to restore public confidence in state institutions and demonstrate its commitment to financial prudence.

He further stated that the move by the President is seen as part of a broader effort to reform state-owned enterprises and ensure they operate in a manner that serves the best interests of the Liberian people.

“It also sends a strong message that the Boakai administration will not tolerate financial misconduct at any level of government,” Minister Sando noted.

He added: "As the investigation unfolds, there will be significant public interest in the findings and the steps the administration will take to address any issues uncovered. The outcome of this probe could have far-reaching implications for the management and oversight of state-owned enterprises in Liberia."

Scores of Liberians have recently raised concern over the compensation packages of officials within some state-run entities, with reports suggesting that some individuals are receiving disproportionately high salaries.

These allegations have raised questions about the equitable distribution of public funds and the effectiveness of financial oversight.