Liberia: FIU Commends Government

Financial Intelligence Unit (FIU) commends The Government of Liberia for the Indictment of Korlane Investments Liability Limited and Sundry

The Financial Intelligence Unit of Liberia (FIU) commends the Government of Liberia for the indictment of Korlane Investments Liberia Limited Liability Company and sundry for Money Laundering, Wire fraud, Theft of Property and criminal conspiracy. The Indictment of this shell company and co-conspirators signifies a new day in our fight against money laundering and other transnational crimes in Liberia.

The FIU also extends its thanks to all competent authorities for the coordination and cooperation in the investigation that subsequently led to the indictment of this shell company and its co-conspirators. It is the ardent hope of the Financial Intelligence Unit of Liberia that the trial will be speedy in setting new precedent and deterrence to would-be criminals, whose sole desire is to abuse the Liberian financial space for their criminal gains.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.