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Business/Finance

S LEONE/PRESIDENTBack
[Published: Monday September 01 2008]

S Leone president declares assets

Freetown ,2 Sept-(ANA)- President ErnestBai Koroma of Sierra Leonehas become the first head of state to declare his assets to the country'sAnti-Corruption Commission.

Undera new law, the president and other public officials must declare their assetsand update them annually, and when they leave office.

Thepresident said the move was a watershed, and a step to rid the country ofcorrupt officials.

MrKoroma won elections last year on an anti-corruption ticket.

MrKoroma said his assets included properties, vehicles, interest on shares, and afew other items.

Askedto estimate their worth, the president only indicated his assets would bevalued in the hundreds of thousands of dollars - not millions.

"Idon't have a huge asset base," he said.

Anti-corruptioncommissioner Abdul Tejan-Cole called the new law a "truly historicopportunity". (ANA)

FA/ANA/2September 2008---


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