In a decisive move to strengthen the prevention of financial crime and Liberia’s anti-corruption campaign, the Financial Intelligence Agency of Liberia (FIA) and the Liberia Anti-Corruption Commission (LACC) on Friday, July 25, 2025, sealed a strategic pact that enables the signing of an essential Memorandum of Understanding (MOU), which was held at the LACC’s headquarters in Monrovia.

Hon. Mohammed A. Nasser, Officer-In-Charge of the FIA, and Cllr. Alexandra Zoe, Executive Chairperson of the LACC, jointly performed the official signing of the MOU, which indicates inter-agency cooperation and collaboration in the fight against corruption and other financial crimes. The newly signed partnership has been designed to bolster institutional cooperation in detecting, investigating, and prosecuting financial misconduct in Liberia.

“This critical anti-corruption MOU serves as a conduit toward unified oversight by the FIA and the LACC in an effort against financial crimes,” said LACC Executive Chairperson, Cllr. Zoe. “It enables our anti-graft entities to speak in one committed voice against corruption and abuse of public trust.”

Cllr. Zoe expressed optimism that the MOU intends to restore public trust through transparency and accountability and established a formal framework for sharing of critical data between the LACC and the FIA.

Also briefly speaking after the signing ceremony, FIA’s OIC, Mohammed Nasser, emphasized the interconnected nature of corruption and financial crimes that need to be robustly tackled by the FIA and the LACC for the benefit of the Liberian society and its people. “The fight against corruption is inseparable from our efforts to combat money laundering and terrorist financing. Coordination is not optional, but it is very essential and timely to protect Liberia’s financial system from waste and abuse.”

According to him, Liberia faces persistent governance challenges, however, this critical MOU demonstrates a renewed commitment to institutional integrity and a collective promise to protect public resources from exploitation.