President Joseph Nyuma Boakai, Sr., has suspended Mr. Arthur S. Massaquoi from his position as Director-General of the Bureau of State Enterprises (BSE), following credible reports of financial and administrative malpractices.
The Executive Mansion, in a release issued Tuesday, said the suspension takes immediate effect and is aimed at ensuring the integrity of an ongoing investigation being conducted by the Liberia Anti-Corruption Commission (LACC).
“This decisive step underscores the Administration’s commitment to transparency, accountability, and the rule of law in public service,” President Boakai said.
According to the statement, the alleged irregularities occurred under Mr. Massaquoi’s leadership and are now the subject of a formal probe. The President emphasized that the decision was also necessary to guarantee the smooth operation of the Bureau during this critical period.
Mr. Massaquoi has been instructed to hand over all government properties and responsibilities to the Deputy Director for Administration, Hon. Varlee F. Sanor, who will now serve as Acting Director-General until the investigation concludes.
President Boakai has further directed Mr. Massaquoi to fully cooperate with authorities and avoid any interference in the Bureau’s ongoing affairs.
The suspension marks another bold move by the Boakai-led government as it seeks to fulfill campaign promises of fighting corruption and restoring trust in public institutions.
