The FIU is an autonomous agency of the government of Liberia (GOL) created by an act of the National Legislature in 2012, approved on April 30, 2013 and publish on May 2, 2013 with responsibilities that includes Receiving, requesting, conducting preliminary investigations, analyzing and disseminating information to competent authority concerning suspected proceeds of crime and terrorist property.
According to a communication signed by Chief Executive Officer (CEO) Alex Cuffy, the training is expected to bring together Managing Editors, Editors, Assistant Editors and Financial and economic reporters and will take place on Friday April 28, 2017 at the Charles Gbayon Conference hall of the Ministry of Information Cultural Affairs and Tourism MICAT on Capitol Hill in Monrovia.
He said the training is aimed at finding a way to help detect and deter money laundering (ML) and Terrorist Financing activities. It is also to facilitate investigations and prosecutions of money laundering (ML) and terrorist financing (TF) offenses including implementation of reporting and other requirements for financial service providers and those that engage in businesses, professions, or activities susceptible to being used for ML or TF.
“The media role in helping to detect and deter ML and TF activities is vital because the media has great strength and reach towards the public and should therefore be in forefront of providing information and education about AML/CFT through awareness and sensitization initiatives,” he said.