FIA Says It Is To Increase Public Confidence And Integrity
PHOTO: FIA OIC Mohammed Nasser
The Officer-In-Charge (OIC) of the Financial Intelligence Agency of Liberia (FIA), Mohammed A. Nasser, has emphasized that Assets Declaration is a significant benchmark in the fight against corruption and also, a preventive and meaningful anti-graft tool that enhances public confidence and integrity in public governance, says a press release from the FIA
Mr. Nasser is among many officials of the Boakai government who have so far declared their assets to the LACC, though belated, while hundreds of others are yet to submit their assets in line with law.
But the National Code of Conduct Act mandates that all officials should declare their assets prior to taking office.
“10.1 Declaration of Assets and Performance Bonds Every Public Official and Employee of Government involved in making decisions affecting contracting, tendering or procurement, and issuance of licenses of various types shall sign performance or financial bonds and shall in addition declare his or her income, assets and liabilities prior to taking office and thereafter: a. at the end of every three years; b. on promotion or progression from one level to another; c. upon transfer to another public office; and d. upon retirement or resignation.” National Code of Conduct Act
Speaking recently after he declared his assets to the Liberia Anti-Corruption Commission (LACC), Mr. Nasser elaborated that appointed and elected officials’ declaration of their assets is considered an international standard that is captured in the United Nations Convention against corruption.
According to him, asset disclosure is a preventive tool that is so useful to the Liberia Anti-Corruption Commission (LACC) and other anti-graft entities in helping to minimize corruption and monitoring of public officials’ incomes against unlawful buildup of wealth.
The FIA OIC wants verification of his assets by the LACC to ensure validation with the actuality of items he has listed on the Liberia Anti-Corruption Commission’ declaration form which he recently presented to the LACC for transparency purposes.
“Transparency in public governance cannot be overemphasized because the National Code of Conduct encourages the disclosure of income (s), registration of assets, personal interest (s), performance and financial bonds for all public officials and employees of government,” Mr. Nasser Pointed out.
He concluded that, to avoid unwarranted allegations of the accumulation of illicit wealth and possible conflict of interest, asset declaration should be embraced by all appointed, elected officials and government personnel whose roles and positions are stated in the Code of Conduct for Public Officials as well.