The Liberia Anti Corruptions Commission (LACC) has launched phase one of the Financial Crimes Investigations training with financial integrity institutions to boost the fight against financial crimes in the country.
The participating institutions in the training were the Forensic Department of the LACC, the Financial Intelligence Agency (FIA), the General Auditing Commission (GAC) and the Liberia National Police (LNP).
The training which begun yesterday, Wednesday September 28, 2022 will run till Saturday, October 1, 2022 in Monrovia with a financial expert from Nigeria serving as the lead trainer.
At the launch of the exercise, LACC’s Chairperson, Edwin Kla Martin, said the training is one of the many reforms for anti-corruption strategy that were promised by the LACC.
He said this exercise helps put Liberia on path with other nations that are moving gradually at another level in the transparency and integrity fight of the financial world.
He explained that the commission is working with other neighboring counties’ corruption commissions to ensure that corruption is at the bottom line and could subsequently become eradicated across the region.
The LACC boss urged the participants, many of whom are financial crimes investigators to take the training as an opportunity of getting foreign knowledge from the trainer who have come with the sole purpose of giving his expertise for the sake of financial institutions operating in Liberia.
At the same time, trainer Michael Wetkas, told the participants that the fight for eradication of financial crimes is an issue of major concern to every country and at such integrity institutions should remain focus in achieving a goal.
He noted that financial crimes undermine the working of affected nations and those in the anti-corruption sector have to work with security and others sectors to enforce actions against perpetrators.
“Fighting corruption needs joint effort from everyone in our certain. We in the financial crime investigations institutions need to work with the security to make the fight work,” he added.
He encouraged the various institutions through their investigators to take cognizance of the strategies that are used by financial criminals in laundering money and other crimes as they work with securities to implement the laws.
