Chairman of LACC, James N. Verdier
LACC To Handle Assets Declaration Documents
MONROVIA, October 6 (LINA) - The General Auditing Commission (GAC) has designated the Liberia Anti-Corruption Commission (LACC) as its agent authorized to receive Asset Declaration documents on behalf of the commission.
According to a GAC release, the decision was reached through the signing of a Memorandum of Understanding (MoU) between the Auditor-General of GAC, Yusador S. Gaye, and the Chairman of LACC, James N. Verdier in Monrovia Thursday.
The release noted that the decision is in keeping with the 2014 Act of the Legislature Prescribing a National Code of Conduct which calls for the GAC and the LACC to collaborate in handling assets declaration documents that shall be submitted to them by public officials of the Executive Branch of Government.
In Count One of the MoU, the GAC shall, upon receipt of asset declaration documents, immediately forward same to the LACC for inclusion in its data base in furtherance of the spirit and intent of the MoU, the release stated.
The MoU, among other things, called on the LACC to establish electronic points for each of filing copies of Asset Declaration Documents forwarded by the GAC and that the GAC and the LACC shall maintain the highest level of confidentiality in the handling of asset declaration documents as stipulated, the release said.
Both parties agreed that the MOU shall be legally binding.