A thorough investigation by Verity News has uncovered a cache of financial records, including a confidential report and formal complaint from the Financial Intelligence Agency (FIA), revealing how more than LRD 9 million was allegedly mismanaged through an insurance fraud scheme involving the Monrovia Consolidated School System (MCSS).
According to Mohammed A. Nasser, Officer-in-Charge at the FIA, the intelligence gathered is considered “grave.” He stated: “Sonita Dangan, James A. S. Momoh, and Kabineh Keita of Sky Insurance are suspected of orchestrating a scheme in which insurance costs were deliberately inflated, and kickbacks were received. The intelligence also uncovers that a scholarship intended for MCSS teachers to study abroad was monetized.”
A damning FIA report has directly implicated top MCSS officials in the alleged LRD 9 million insurance scandal and the commercialization of government-sponsored teacher scholarships. In a detailed communication dated April 8, 2025, the FIA formally requested the Liberia Anti-Corruption Commission (LACC) to launch a full-scale investigation into what it described as alarming findings.
The report identifies Sonita Dangan, an MCSS employee, as the central figure in the scandal, alongside MCSS Superintendent James A. S. Momoh and Kabineh Keita of Sky Insurance. According to Nasser, the scheme involved the inflation of insurance premiums and illicit financial kickbacks. Scholarships meant to empower Liberian teachers were reportedly sold to individuals with no ties to MCSS.
The FIA discovered a series of suspicious financial transactions in Dangan’s account at Sapelle International Bank (SIB). After being dormant for two years, the account was reactivated on September 18, 2024. Shortly thereafter, deposits totaling LRD 8,109,000 were made via cheques issued by Kabineh Keita, believed to be a Sky Insurance employee.
“These cheques are highly suspicious,” the FIA report notes, adding that there is no evidence of any legitimate business relationship between Keita and Dangan. “We believe these were kickbacks from an inflated insurance scheme,” Nasser wrote in his letter to LACC Chairperson Cllr. Alexandra Zoe.
Following the deposits, Dangan made several large cash withdrawals totaling over LRD 5 million between November 5 and December 6, 2024. The suspicious activity continued into March 2025, leaving a final balance of just LRD 181,035.51 in the account.
In a more damning revelation, the FIA report details how scholarships intended for MCSS teachers to study in India were instead sold to unqualified individuals. Each scholarship recipient was reportedly charged US$920 for travel tickets that were already paid for by the Government of Liberia.
Superintendent Momoh is alleged to be the mastermind behind both the fraudulent insurance transactions and the scholarship monetization scheme. According to the FIA, he was both a direct and indirect beneficiary of the illicit proceeds.
The intelligence dossier further reveals that Dangan may have used a separate bank account to receive her salary during the period when her SIB account was dormant, a move the FIA believes was intended to conceal illicit financial flows.
“No valid reason was provided for the account’s long dormancy. The timing of its reactivation and the sudden influx of millions in cheques raises serious red flags,” the report states.
The FIA also disclosed that some of the individuals currently studying in India under the scholarship program were never employed by MCSS, contradicting claims made by the institution’s leadership when the initiative was announced.
As of now, there is no indication that Dangan, Momoh, or Keita have been arrested or formally charged. However, the FIA has urged the LACC to act swiftly, warning of the risk of evidence tampering and continued abuse of public resources.
The total sum moved through Dangan’s account, over LRD 9.7 million, has intensified public concern over unchecked corruption in the education sector.
