MONROVIA, LIBERIA – The Director-General of the Financial Intelligence Unit (FIU) Edwin Harris says the validation of the National Risk Assessment on Money Laundering and Terrorist Financing in Liberia will attract investment.

Speaking at the opening of the final validation of the National Risk Assessment Thursday, April 29, 2021, in Monrovia, Mr. Harris said that the final validation will also enhance development and promote business transactions in the sub-region.

The FIU Director-General noted that the validation will portray Liberia positively and not be seen as a spring boat for money laundering.

Also speaking Central Bank Governor Aloysius Tarlue said the process will serve as a gateway to the growth and enhancement of the country’s economy.

Mr. Tarlue thanked concerned international development partners including the US Embassy, African Development Bank, the European Union, for supporting the initiative.

Meanwhile, the Inter-Governmental Action Group Against Money Laundering (GIABA)’s representative said the validation is one of the indicators for attracting more foreign direct investment and will mitigate risks identified.