Vice President Joseph Boakai Lauds American Billionaire

Friday, 2nd February 2007
Liberia’s Vice President Joseph N. Boakai has lauded American billionaire George Soros for his humanitarian and financial support to numerous initiatives in Liberia over the years.

He cited the hiring of international lawyers by philanthropist Soros to review the Mittal Steel agreement in New York last year, and his support to Liberia’s elections commission, among others.

Vice President Boakai made the commendation Friday when the American billionaire  who arrived in the country Thursday along with Queen Noor of Jordan for a four-day visit, met with him and leaders of Liberia’s bicameral legislature at his Sinkor office.

Speaker Edwin Snowe, the Senate President Pro-Tempore Isaac Nyenabo and heads of committees of both houses of the legislature attended the meeting.

Also speaking during the meeting, Mr. Soros thanked Vice President Boakai and the lawmakers for the opportunity accorded him to interact with them.

Mr. Soros said his intervention in the Mittal Steel negotiations was part of his transparency initiative.
He noted that minerals which constitute much of the wealth of Liberia, could play a major role in the development of the war ravaged country.

The American billionaire said he has committed himself to ensuring improved standards of living by promoting transparency and good governance.

He said Nigeria benefited most from this initiative because President Olusegun Obasanjo during his second term, committed himself to eradicating corruption.

Mr. Soros hoped a lot of progress would be made in institutionalizing transparency in Liberia in the next four years.

Mr. Soros, the founder of the Open Society Initiative for West Africa, is in the country as guest of the Liberian government.

Billionaire Soros is also a key sponsor of the Liberia Education Trust, an organization dedicated to promoting girls’ education.