The Chairman of LEITI MSG, C. Mike Doryen, following the adoption of the report on Tuesday, said the 12th report was compiled under the Flexible Reporting Framework adopted by the EITI board. Monrovia – The Multi-Stakeholder Steering Group (MSG) of the Liberia Extractive Industries Transparency Initiative (LEITI) has approved the 12th EITI report for Liberia covering the period July 1, 2018 to June 30, 2020. The Extractive Industries Transparency Initiative (EITI) is the global standard to promote the open and accountable management of oil, gas and mineral resources. He said LEITI MSG, at the start of November 2020, commissioned its 12th EITI Report and hired the services of BDO in collaboration with Parker & Associates Liberia, two reputable auditing firms, to prepare the 12th EITI Report for Liberia using the Flexible Reporting Framework. For the first time, the Chairman noted, Liberia’s EITI report includes information on beneficial ownership of companies in the oil, mining, agriculture, and forestry sectors.