Bea Mountain to Face House of Representatives Scrutiny over Alleged Violation of Liberianization Policy

Bea Mountain to Face House of Representatives Scrutiny over Alleged Violation of Liberianization Policy

MONROVIA, LIBERIA: The House of Representatives has taken a decisive step toward upholding Liberiaโ€™s economic sovereignty by endorsing a communication from Sinoe County Electoral District #3 Representative Alex S. Noah, calling for an investigation into the Bea Mountain Mining Company for allegedly engaging in business activities reserved exclusively for Liberians.

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During its 7th day sitting of the 3rd quarter of the 2nd session, On Tuesday, November 4, 2025, the Plenary agreed to establish a Specialized Committee to probe the companyโ€™s alleged operation of cement and mineral water production facilities.

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These business ventures fall under the twelve (12) business categories reserved for Liberian citizens under the 1975 Liberianization Policy.

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In his communication to Plenary, Representative Noah underscored that Bea Mountain alleged involvement in these prohibited sectors represents a serious violation of the 1975 Act to Amend the General Business Law of Liberia.

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The lawmaker argues that such activities not only breach the law but also undermine the governmentโ€™s longstanding efforts to empower local entrepreneurs.

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โ€œIt would be a disservice to struggling Liberian business people,โ€ Representative Noah stated, โ€œfor a multi-million-dollar foreign concessionaire already benefiting from gold mining operations to compete in small-scale ventures meant to uplift Liberians economicallyโ€.

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The 1975 Liberianization Policy was enacted to ensure that Liberians maintain exclusive control over specific areas of commerce, thereby fostering national economic growth, reducing foreign dominance, and promoting inclusive development.

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Following deliberations, the Plenary mandated the Speaker Richard Nagbe Koon to constitute a specialized committee to conduct a full-scale investigation into the matter. The committeeโ€™s findings and recommendations are expected to be presented to the full body for appropriate legislative action.

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The House of Representatives emphasized that this move is not only about enforcing existing laws but safeguarding Liberiaโ€™s economic identity and ensuring that foreign investors respect the legal frameworks that govern their operations within the country.