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What Samora Will Do at LRA

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Upon Senate confirmation, Samora  Wolokolie will take over the Liberia Revenue Authority as   Commissioner General after supervising the entity for nearly six years as deputy finance minister in charge of government revenue and spending.

President George Weah nominated Wolokolie to take on the role following the passing of Thomas Nah Doe on Dec 23 after a period of illness.

While overseeing the workings of the LRA and anchoring government tax policy as deputy finance and development planning minister for fiscal affairs, domestic revenue increased by 3% of GDP.

In 2023, domestic revenue accounted for $656.6 million or 84% of the $777.9 million national budget. Wolokollie also a university professor will be bring to the position his balanced public and private sector experience to grow revenue in the period of declining foreign aid.

Who Is Samora Wolokolie?

 Dr. Samora P. Z. Wolokolie stands as an accomplished and esteemed Liberia Public Financial expert and Lawyer, marked by an illustrious academic journey and a distinguished career.

With over 18 years of impactful service, Dr. Wolokolie has embodied a resolute commitment to both academia and public service, influencing and inspiring countless aspiring young Liberians through his role as a University Assistant Professor while fulfilling substantial responsibilities within the government and private sector.

Dr. Wolokolie’s career, spanning Public Finance, Certified Public Accounting, Forensic Auditing, and Law, showcases his ethical professionalism and dedication.

Presently serving as the Deputy Minister for Fiscal Affairs at Liberia’s Ministry of Finance and Development Planning, he manages the nation’s fiscal economy, designs fiscal policies, and supervises all government accounting operations and expenditure proposals.

His previous roles include Managing Partner at BICON. INC. Liberia, Director of Internal Audit at the Ministry of Finance, and various high-level positions in renowned firms.

In academia, Dr. Wolokolie imparts knowledge at esteemed Liberian universities.

His expertise extends to lecturing at prestigious universities and speaking engagements at international forums.

He is an acclaimed researcher and is currently an Assistant Professor of Accounting at the Stella Maris Polytechnic University, University of Liberia.

His rich career in consulting, risk management, and audit practice across national and international markets reflects his versatility and adeptness in multidisciplinary areas.

Wolokolie’s expertise spans various domains, including business evaluation, corporate strategy, governance, and financial management, litigation, and project management.

He is currently a Doctor of Philosophy (Ph.D.) student, reading Economics at the Faculty of Social Science and Law, Fourah Bay College, University of Sierra Leone.

He holds a Doctor of Philosophy (Ph.D.) and MSc. in Forensic Accounting & Audit in February 2020 and February 2016 respectively, from the Charisma University in the Turks & Caicos Islands and Master of Business Administration (MBA) in Accounting from the Cuttington University in 2007, and a Bachelor of Law (L.L.B.) from the prestigious Louis Arthur Grimes School of Law, University of Liberia in March, 2021.

A member of several professional bodies, including the Liberia National Bar Association, Institute of Chartered Accountants (Ghana), Liberian Institute of Certified Public Accountants, Association of Certified Fraud Examiners (USA), International Institute of Certified Forensic Investigation Professionals, Liberian Institute of Tax Practitioners, Institute of the Financial Accountants (UK), and Institute of Public Accountants (Australia).

Dr. Wolokolie has overseen impactful audits for USAID contractors and implemented system improvements in organizations, demonstrating adherence to auditing standards and fostering internal control enhancements.

He has authored two books, “Forensic Accounting Analytics and Pension Fund Administration: A Study of Selected Administrators in Liberia” and “Combating Money Laundering: A Guide to Forensic Investigation Professionals”, available on Amazon.

Wolokolie’s career highlights include managing audits for USAID contractors, overseeing complex multi-site engagements, and implementing system improvements across public and private sectors.

Samora is married to Mrs. Christine Reeves Wolokolie and has been married for over ten (10) years and the marriage is blessed with two children: Samora P. Z. Wolokolie, Jr. and Christira Sienneh Wolokolie.  He is a devoted Christian and a member of the Roman Catholic Church.

 

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