Monrovia, June 26 -- President Joseph Nyuma Boakai has with immediate effect suspended Mr. Arthur S. Massaquoi from his duties as Director-General of the Bureau of State Enterprises (BSE).

This decision follows credible reports of financial and administrative malpractices allegedly committed under Mr. Massaquoi's leadership.

President Boakai says his action is intended to safeguard the integrity of an ongoing investigation being undertaken by the Liberia Anti-Corruption Commission (LACC) into the reported irregularities.

The suspension also aims to ensure the uninterrupted and smooth functioning of the Bureau during this critical period.

In the interim, Mr. Massaquoi is directed to turn over all government properties and responsibi...