Liberia’s Inter-Ministerial Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Steering Committee (IMC), chaired by Justice Minister, Cllr. N. Oswald Tweh has been proactively functioning and supporting national mitigating steps that aim at strengthening the country’s financial crime prevention measures. The national AML/CFT committee that serves as a policy Think Tank of the country’s IMC, has urged law enforcement agencies, regulatory entities, tax authorities, and prosecutorial bodies, to make maximum utilization of the Computer-Based Training Center (CBT) established at the Financial Intelligence Agency of Liberia (FIA) based on technical and financial support from the Intergovernmental Action Group Against Money Laundering in West Africa (GIABA) and the United Nations Office on Drugs and Crime (UNODC).
The training center has been built to enhance the capabilities of Liberia’s competent authorities and other relevant stakeholders, ensuring they are well-equipped to fight money laundering and other financial crimes.
In a related development, the country’s Inter-Ministerial Steering Committee has stressed the significance of raising awareness about Section 67.3 of the FIA Act of 2021, which enables the Financial Intelligence Agency of Liberia unrestricted access to public and private information for investigative purposes.
The national IMC has cautioned the FIA to expand its AML/CFT awareness campaign, as part of broader effort to improve Liberia’s AML/CFT framework at public and private institutions to help promote the culture of voluntary compliance with global AML/CFT prevention measures.
Meanwhile, several member institutions of the IMC that attended the Inter-Ministerial AML/CFT Steering Committee meeting on Wednesday, May 21, 2025, include the following entities, Ministry of Justice (IMC Chairperson), the Liberia National Police, (IMC member), National Security Agency of Liberia (IMC member), Liberia Immigration Service (IMC member), Ministry of Transport (IMC member), Liberia National Drug Enforcement Agency of Liberia (IMC member), Liberia Business Registry (IMC member), Central Bank of Liberia (IMC member), Liberia Anti-Corruption Commission (IMC member), Financial Intelligence Agency of Liberia (IMC secretary), Office of the Security Advisor to the President, among other competent authorities.