The Liberia Anti-Corruption Commission (LACC) and the Financial Intelligence Agency (FIA) have entered into a formal partnership aimed at deepening inter-agency collaboration, intelligence sharing, and joint enforcement.
The agreement was sealed on Friday, July 25, 2025, during a signing ceremony held at the LACC headquarters in Monrovia, where the two institutions finalized a Memorandum of Understanding (MOU) outlining their shared objectives in tackling corruption, money laundering, and other financial offenses.
The MOU was signed by Cllr. Alexandra Zoe, Executive Chairperson of the LACC, and Hon. Mohammed A. Nasser, Officer-In-Charge of the FIA.
Speaking at the event, Cllr. Zoe described the partnership as a critical step toward a unified oversight framework, empowering both institutions to better prevent, investigate, and prosecute financial misconduct.
“This alliance enables us to respond more effectively to the misuse of public trust,” Zoe said. “Strong collaboration is essential for restoring citizen confidence in our governance systems and holding wrongdoers accountable.”
Hon. Nasser echoed her sentiments, emphasizing the urgent need for synchronized efforts in confronting the interconnected threats of corruption and illicit financial flows.
“Corruption and money laundering are two sides of the same coin,” he stated. “This partnership signals our collective resolve to disrupt the systems that enable abuse of public resources. It is also a step forward in building a more resilient, transparent financial system in Liberia.”
The MOU outlines mechanisms for information sharing, joint investigations, capacity building, and technical cooperation, particularly in cases involving politically exposed persons, fraudulent procurement, and the concealment of illicit wealth.
By aligning the mandates of the LACC and FIA, the agreement is expected to reduce institutional bottlenecks and enhance the effectiveness of Liberia’s broader Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) framework.
The move comes amid growing pressure on Liberia to improve its anti-corruption credentials and strengthen its financial oversight following regional and international evaluations that highlighted capacity gaps and enforcement challenges.
Both leaders underscored that the real impact of this partnership will be measured by results, namely successful prosecutions, asset recovery, and systemic reforms.
“Today, we are sending a strong signal,” said Cllr. Zoe. “Cooperation is key, and integrity is non-negotiable.”
“The days of siloed operations are behind us,” Nasser added. “We must work together if we are to truly protect Liberia’s public resources.”
The LACC and FIA’s collaboration is expected to serve as a model for other agencies, encouraging similar inter-institutional agreements to bolster governance and safeguard national assets.
