Author: Lennart Dodoo

MONROVIA — The Financial Intelligence Unit of Liberia (FIU) designates KORLANE INVESTMENTS LIBERIA LIMITED LIABILITY COMPANY as a high-risk money Laundering shell company set up for what appears to be the sole purpose to laundering the proceeds of crimes generated through fraud, a predicated offense for Money Laundering. The FIU therefore admonishes all financial, non-financial and other institutions in Liberia to disengage and or prohibit business relationships with said company that is involved into laundering proceeds of crime, contrary to the Anti-Money Laundering and Terrorist Financing Act 2012.

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