Laundering and Terrorist Financing Workshop to Take place In Monrovia -As 100s Money Changers Gather at CBL Thursday
Hundreds of money changers and foreign exchange bureaus operators from across Liberia are expected to gathers at the auditorium of Central bank of Liberia under the auspices of the National Association of Foreign Exchange Bureau of Liberia (NAFEBOL) members from six counties across the country t6o participate in a one day workshop aimed at educating NAFEBOL’s members about the looming threat of Money Laundering and Terrorist Financing in Liberia.
The National Association of Foreign Exchange Bureau of Liberia says the workshop will take place on Thursday, June 17, 2021 conduct a one day workshop aimed at educating its members about the looming threat of Money Laundering and Terrorist Financing in Liberia.
A press release quoting the institution’s President Nimely Sayeh as named Bong, Nimba, Grand Bassa, Grand Cape Mount, Lofa and Montserrado as the shortlisted counties members of NAFEBOL are expected to come from to attend the workshop.
The NAFEBOL released issued in Monrovia late Tuesday evening, June 15, 2021 quoted Mr. Sayeh as reiterating that the training is part of efforts to advance the fight against money laundering and other illegal financial flows that tend to undermine the country’s financial sector.
“Members of NAFEBOL believed they too can drive the change in the country’s financial sector. They believed with the right training and support, they can fight illegal financial flows in Liberia through the foreign exchange space of the country,” Sayeh intimated.
According to NAFEBOL, the one day exercise will be facilitated by representatives from the Central Bank of Liberia and the Financial Intelligence Unit (FIU). The group said the gathering will also feature other active players in the financial sector of Liberia, the release signed by the Business Development Specialist of NAFEBOL, Mr. Anthony N. Nagbe concluded.