State Enterprise DG Massaquoi Supports LACC Investigation -Says Allegations Predate His Administration

MONROVIA – Amid the widespread wave of negative reports of corruption at the Bureau of State Enterprises (BSE), Director General Arthur Siaka Massaquoi, Sr., says the allegations of procurement fraud being circulated stem from incidents that occurred prior to his administration, and that since taking office, the BSE has taken significant steps to address these negative campaigns and ensure transparency.

“Furthermore, I would like to inform you that the BSE has been under investigation by the Liberia Anti-Corruption Commission (LACC) following a complaint filed by Mr. Varlee Sanor this year. I assure you that the LACC’s report will be released soon, and its findings will form the basis for necessary actions moving forward,” DG Massaquoi said.

Making the statement during a recent senior management meeting, DG Massaquoi said despite these challenges, the BSE remains focused on engaging with partners such as the European Union, which has demonstrated confidence in the BSE by providing budgetary support.

“Additionally, the BSE is organizing a workshop with State-Owned Enterprises (SOEs) in Ganta City. This event will help clarify the roles of SOEs and establish effective measures to enhance their performance.

“I am also pleased to report that on March 20, 2025, the BSE successfully hosted a one-day validation workshop at the Banquet Hall of the Administrative Complex. This workshop brought together SOE heads to validate the draft act for the establishment of the State-Owned Enterprises Authority (SEAL).

“Furthermore, all necessary procurement processes are in place to secure transportation buses for our staff, addressing ongoing commuting challenges. Additionally, we are in the final stages of implementing an insurance scheme to cover health-related concerns for our employees,” DG Massaquoi said.