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Admire Liberia’s financial intelligence unit’s actions to curb fraudulent finance


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Admire the actions of the Liberia financial intelligence unit Designation of Korlane Investments Liberia LLC As a high-risk money laundering shell company. This is Liberia’s courageous step forward in the fight against cross-border money laundering. We also commend the inter-ministerial committee for approving these actions.

Recognizing the ability of corruption to corrode democracy, on June 3, 2021, President Biden established the fight against corruption as a core benefit of US national security. The US Strategy to Counter CorruptionReleased in December 2021, it cites curbing illegal finance as an important pillar. “Corrupt actors and their facilitators rely on vulnerabilities in the US and international financial systems to cover up property ownership and cleanse the proceeds of illegal activities.”

We look forward to the implementation of the relevant bold commitments that President George Weah made within him. Official statement at the Summit for Democracy: “My Government promises to fight corruption at the highest level … We have a law on the establishment of a dedicated criminal court for prosecution and conviction of civil servants and individuals or institutions engaged in corruption and financial crimes. I propose. “

Distributed by the APO Group on behalf of the US Embassy in Liberia.

Admire Liberia’s financial intelligence unit’s actions to curb fraudulent finance

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