MONROVIA – The Financial Intelligence Agency (FIA), an entity established through an act of legislature to fight against financial crimes appears to have itself entangled in the very crimes it should be preventing. Financial statements and analysis also showed that the aggregate amount received in 2023, was US$1,079 million, and FIA Director General Ford withdrew and disbursed 95% percent of such amount in the name of the Comptroller. Mr. Ford refused to respond to an FPA inquiry despite continued reminder via text messages over a five-day period. The transaction’s timelineOn July 1, 2023, Mr. Ford was appointed as co-chair of the finance committee of the then ruling CDC, which contravene the FIA Act of 2021. The FIA seeks to protect Liberia’s financial system from abuse of financial and economic crime for the enhancement of national, regional, and global peace and economic stability.

Source: Front Page Africa February 27, 2024 21:24 UTC