United Nations Security Council Resolution 1532 – Liberia

Resolution 1532 (2004)

The Security Council,

Recalling its resolution 1521 (2003) of 22 December 2003, and its otherprevious resolutions and statements by its President on the situation in Liberia andWest Africa,

Noting with concern that the actions and policies of former Liberian PresidentCharles Taylor and other persons, in particular their depletion of Liberian resources,and their removal from Liberia and secreting of Liberian funds and property from that country, have undermined Liberia’s transition to democracy and the order development of its political, administrative, and economic institutions andresources,

Recognizing the negative impact on Liberia of the transfer abroad of misappropriated funds and assets and the need for the international community to ensure as soon as possible, in accordance with paragraph 6 below, the return of such funds and assets to Liberia,

Also expressing concern that former President Taylor, in collaboration with others still closely associated with him, continues to exercise control over and tohave access to such misappropriated funds and property, with which he and hisassociates are able to engage in activities that undermine peace and stability inLiberia and the region,

Determining that this situation constitutes a threat to international peace and security in West Africa, in particular to the peace process in Liberia,

Acting VII of the Charter of the United Nations,

1. Decides that, to prevent former Liberian President Charles Taylor, hisimmediate family members, in particular Jewell Howard Taylor and Charles Taylor,Jr., senior officials of the former Taylor regime, or other close allies or associates asdesignated by the Committee established by paragraph 21 of resolution 1521 (2003)(hereinafter, “the Committee”) from using misappropriated funds and property tointerfere in the restoration of peace and stability in Liberia and the sub-region, allStates in which there are, at the date of adoption of this resolution or at any time thereafter, funds, other financial assets and economic resources owned or controlled directly or indirectly by Charles Taylor, Jewell Howard Taylor, and Charles Taylor,Jr. and/or those other individuals designated by the Committee, including funds,other financial assets and economic resources held by entities owned or controlled,directly or indirectly, by any of them or by any persons acting on their behalf or attheir direction, as designated by the Committee, shall freeze without delay all suchfunds, other financial assets and economic resources, and shall ensure that neitherthese nor any other funds, other financial assets or economic resources are madeavailable, by their nationals or by any persons within their territory, directly orindirectly, to or for the benefit of such persons;

2. Decides that the provisions of paragraph 1 above do not apply to funds,other financial assets and economic resources that:

(a) have been determined by relevant State(s) to be necessary for basicexpenses, including payment for foodstuffs, rent or mortgage, medicines andmedical treatment, taxes, insurance premiums, and public utility charges, orexclusively for payment of reasonable professional fees and reimbursement ofincurred expenses associated with the provision of legal services, or fees or servicecharges for routine holding or maintenance of frozen funds, other financial assetsand economic resources, after notification by the relevant State(s) to the Committeeof the intention to authorize, where appropriate, access to such funds, other financialassets and economic resources and in the absence of a negative decision by theCommittee within two working days of such notification;

(b) have been determined by relevant State(s) to be necessary forextraordinary expenses, provided that such determination has been notified by the relevant State(s) to the Committee and has been approved by the Committee; or

3. Decides that all States may allow for the addition to accounts subject tothe provisions of paragraph 1 above of:(a) interest or other earnings due on those accounts; and(b) payments due under contracts, agreements or obligations that arose priorto the date on which those accounts became subject to the provisions of paragraph 1above;provided that any such interest, other earnings and payments continue to be subject to those provisions;

4. Further decides that the Committee shall:

(a) identify individuals and entities of the types described in paragraph 1above, and promptly circulate to all States a list of said individuals and entities,including by posting such a list on the Committee’s web site;

(b) maintain and regularly update and review every six months the list ofthose individuals and entities identified by the Committee as being subject to themeasures set forth in paragraph 1 above;

(c) assist States, where necessary, in tracing and freezing the funds, otherfinancial assets and economic resources of such individuals and entities;

(d) seek from all States information regarding the actions taken by them to trace and freeze such funds, other financial assets and economic resources;

5. Decides to review the measures imposed in paragraph 1 above at leastonce a year, the first review taking place by December 22, 2004 in conjunction withits review of the measures imposed in paragraphs 2, 4, 6 and 10 of resolution 1521(2003), and to determine at that time what further action is appropriate;

6. Expresses its intention to consider whether and how to make available the funds, other financial assets and economic resources frozen pursuant to paragraph 1above to the Government of Liberia, once that Government has established transparent accounting and auditing mechanisms to ensure the responsible use ofgovernment revenue to benefit directly the people of Liberia;

7. Decides to remain actively seized of the matter.

Adopted by the Security Council at its 4925th meeting,on 12 March 2004.