Liberia anti-corruption chief sees US$5 billion revenue potential
Arthur Fumbah of the LACC stated that a corruption-free Liberia could boost annual revenue to US$5 billion.
Achieving a corruption-free Liberia is possible with stronger coordination among oversight institutions, the Legislature, and the Judiciary, according to Arthur W.B. Fumbah, Executive Vice Chairperson of the Liberia Anti-Corruption Commission (LACC). Fumbah spoke at a policy dialogue in Monrovia on October 23, 2026, emphasizing that institutional cooperation and preventive measures are key to combating corruption.
Fumbah argued that eliminating corruption could significantly increase Liberia’s annual revenue to as much as US$5 billion, a substantial rise from recent efforts to reach US$1 billion. He criticized weak penalties for corruption, citing a Supreme Court ruling where a convicted official was ordered to pay US$10,000, which he said undermines accountability given the costs of investigations.
He also called for a review of the Public Financial Management Law, suggesting that heads of institutions influencing the appointment of accountants and auditors creates corruption opportunities. Fumbah proposed that the Comptroller General’s Office and other agencies deploy qualified professionals to public institutions to strengthen oversight and reduce financial misconduct.
Why it mattersLiberians could see increased government revenue and public confidence if corruption is reduced.