spot_imgspot_img
Friday, June 14, 2024

FIA DISCLOSES NO LIBERIAN BUSINESS WAS FOUND TO BE LINKED OR ASSOCIATED WITH THE ILLICIT SUBSTANCE…

Date:

LIBERIA – The Acting Director/Officer In Charge of the Financial Intelligence Agency (FIA), Emmanuel T. Gee has disclosed that no Liberian business was found to be linked or associated with the most recent illicit substance/ consignment that was shipped into Liberia.

According to him,  the Ministry of Justice (MoJ) released a statement concerning an ongoing investigation into a stockpile of illicit drugs allegedly seized in Montserrado County, Liberia by officials of the National Security Agency (NSA) and Liberia Drug Enforcement Agency (LDEA) that triggered the FIA to intensified a detailed investigation regarding the enforcement of tax compliance among companies operating in Liberia.

“As Chairman of the Inter-Ministerial Committee on  Anti-Money Laundering and Terrorist Financing and Proliferation Financing (AML/CFT & P) regime\ issues in Liberia, the Ministry of Justice released its findings of a preliminary investigation conducted which indicated no Liberian business was found to be linked or associated with the illicit substance/ consignment shipped into the country, which is good for Liberia’s image and the promotion of Liberian owned businesses.

He continues: “as the Financial Intelligence Agency (FIA) implements its normal statutory functions, the Agency wishes to clarify that it is not investigating or analyzing the referenced case, nor is the Agency investigating any company- local or international- linked to or involved thereto.”

The FIA Acting Director/ Officer In Charge, however, says, due to the prevalence of tax evasion in Liberia as established by the Country’s anti-money laundering and terrorist financing risk assessment/ National Risk Assessment Report (NRA), coupled with open-source information (OSI) and available records,  several tax fraud matters have been currently opened for preliminary investigations by the Financial Intelligence Agency.

smartnews
Smart News Liberia is an online news outlet and a product of Smart Media Group Inc. Our website, smartnewsliberia.com, covers a broad spectrum of news content. For inquiries or information, you can reach us at 0777425285 or 0886946925, or email us at smartnewsliberia@gmail.com or info@smartnewsliberia.com.

LATEST DEVELOPMENT

STUDENTS DEMAND JUSTICE: SUP’S PETITION EXPOSES CDC ATROCITIES AND CALLS FOR MINING TRANSPARENCY

MONROVIA – The Vanguard Student Unification Party (SUP) of...

PRESIDENT BOAKAI GRANTS COMPASSIONATE LEAVE TO FORMER CHIEF JUSTICE GLORIA MUSU-SCOTT

MONROVIA – In a significant move that has garnered...

SENATE DEFENDS BUCHANAN RETREAT AMIDST CRITICISM OVER US$700,000 CONTROVERSY

MONROVIA – Following mounting criticism over the Senate retreat...

LIBERIA’S LEGAL SYSTEM UNDER SIEGE: THE UNPUNISHED CRIMES OF MARIA LUYKEN

In October 2020, the Criminal Court ‘B’ at the...

COMMUNICATIONS MISHAP: A SIGNIFICANT EMBARRASSMENT TO THE PRESIDENCY

The recent debacle surrounding the Unity Party government's conflicting...

PRESS SECRETARY KULA FOFANA’S UNPROFESSIONAL CONDUCT DEMANDS IMMEDIATE ACTION

The recent turmoil between the reporters assigned to the...

COMMENTARY

NO, SPEAKER KOFFA, I DISAGREE WITH THE DEFENSE OF LAWMAKERS

By Wondah L. Jah In a recent public statement, Grand...

COMMEMORATING THE 80TH ANNIVERSARY OF D-DAY: A DEFINING MOMENT IN HISTORY

Eighty years ago, on June 6, 1944, the course...

THERE SHOULD BE NO BIG DEAL WHEN A GOVERNMENT DOES WHAT IT WAS ELECTED FOR…

A Patriot's Diary  With Ekena Nyankun Juahgbe-Droh Wesley  President Joseph Boakai's...

LATEST NEWS

Share post:

EXCLUSIVE INTERVIEW

OPINION

ELEVATING THE AG BIBLE COLLEGE TO A UNIVERSITY: A MILESTONE ACHIEVEMENT

By Jacob N.B. Parley After many years of successful preaching...

THE DILEMMA OF PRESIDENTIAL SUPREMACY IN LIBERIA: EXAMINING THE BALANCE OF POWER

By Dr. Clarence R. Pearson, Sr. Superior presidency is the...

LACK OF TRANSPARENCY IN UP-LED GOVERNMENT’S DEAL RAISES SERIOUS CONCERNS

In a shocking and controversial move, the Unity Party...

THE PERILS OF PRAISE SINGING: HOW JOURNALISTIC INTEGRITY IS ESSENTIAL FOR ACCOUNTABILITY IN LIBERIA

Journalists play a crucial role in holding public officials...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link