Kpessa-Whyte rejects claims that president gave no reasons for dissolving nine boards

Prof. Michael Kpessa-Whyte denied claims that the presidency dissolved nine boards of State-Owned Enterprises without offering reasons.

The Director-General of the State Interests and Governance Authority stated that public assertions describing the decision as unjustified are inaccurate.

The statement addresses public discussion surrounding the decision to end the tenure of nine state enterprise boards.

As Director-General of the agency known as SIGA, Kpessa-Whyte oversees state enterprise performance and corporate governance standards across government-owned entities.

The authority tracks state investments in commercial entities, joint ventures, and state corporations operating within the national economy.

Decisions regarding the composition of state boards rest within the executive authority of the presidency.

Public commentary following the announcement had suggested that the executive branch acted without communicating its underlying rationale to the affected

According to 3News.