A technical workshop dedicated to discussing the preparation, submission, and publication of the second report of the Liberia Extractive Industries Transparency Initiative (LEITI) took place recently at the Krystal Oceanview in Monrovia. The Workshop was organized and facilitated by Moore Stephens, the UK-based firm of Chartered Accountants recently recruited to prepare LEITI second report of payment and revenue covering the period July 1, 2008 to June 30, 2009.
The workshop provided an interactive environment where reporting stakeholders and a two-man team from the new LEITI reconcilers (Moore Stephens) discussed the LEITI Reporting template, procedures for completing the template, the timetable, and address for the submission of the templates.
The formal opening address was delivered by Deputy Finance Minister Tarnue Marwolo. Minister Marwolo reaffirmed the commitment of the Government of Liberia and thanked the Moore Stephens for honoring the invitation of the Government to serve as the independent administrator to prepare the second LEITI report for Liberia.
Minister Marwolo also appreciated the private sector for their commitment, stressing that it is the responsibility of both private and public sectors to ensure that Liberia remain the leading EITI implementing country in the world and maintains her status as a compliant country.
Over seventy (70) representatives of mining, oil, forestry and agriculture companies operating in Liberia as well as the Ministry of Finance, the National Oil Company of Liberia, the Forestry Development Authority, Ministry of Agriculture and the Ministry of Lands, Mines and Energy attended and participated in the workshop.