The Financial Intelligence Agency of Liberia (FIA) and the Asset Recovery and Property Retrieval Taskforce (AREPT) have Signed a memorandum of understanding (MOU) for inter-agency collaboration, cooperation, and coordination to enable both anti-graft entities share critical data, conduct joint investigations to help achieve the national fight against corruption and other financial crimes in Liberia.

The MOU paves the way for exchange of essential correspondence and much-needed expertise between the two entities and strengthens their resolves to protect Liberia’s financial system from abuse by criminals and to ensure the recovery and retrieval of stolen public assets. 

Making his remark at the signing ceremony, which took place in the FIA Conference room on July 2, 2025, AREPT Chairman, Cllr. Edwin Kla Martin said theft of public resources should be curtailed in Liberia through a collective effort by competent authorities.

He lauded President Joseph N. Boakai for his determination to stamp corruption out of Liberia, adding that “this is the first time in Liberia to have the full support of the President.”  Cllr. Martin noted that it was time for “financial crime fighters to be fearless and more professional if history must remember” them constructively.

The AREPT boss then described the MOU as a renewal of the process earlier begun between the FIA and his institution shortly after taking office.

For his part, the Officer-In-Charge (OIC) of the FIA, Mohammed A. Nasser, said he was grateful to AREPT for the level of collaboration between the two entities in combating financial crimes. He referred to the functions of both institutions as interconnected and recommitted his Agency’s Support to AREPT. “The fight against corruption is no different from combating money laundering and terrorist financing”, the OIC noted.