In Liberia, the Director General of the Financial Intelligence Unit (FIU), Edwin W. Harris has threatened to sanction and revoked the operating licenses of insurance companies for their alleged refusal to comply with the FIU mandate in filing their currency transaction report and suspicious transaction report.
Speaking when he served as a panelist at the prestigious Edward Wilmot Blyden Forum organized by the Press Union (PUL), Mr. Harris said, with no reliance on any existing law, the insurance companies have failed to live up to their reporting obligations.
Darlington Porkba reports
