By Alimatu Jalloh
Bo City, Sierra Leone – The Financial Intelligence Agency (FIA) has commenced a two-day stakeholders’ workshop in Bo City to develop a comprehensive National Anti-Money Laundering, Counter-Terrorist Financing, and Counter-Proliferation Financing Strategy and Action Plan (2025–2029). The initiative seeks to fortify Sierra Leone’s financial systems against illicit financial activities and enhance compliance with international regulations.
FIA Director General David Borbor underscored the importance of a multi-dimensional approach, including legal reforms, capacity building, international cooperation, technological innovation, and targeted enforcement measures.
“By implementing this strategy, Sierra Leone will enhance its defenses against financial crimes, safeguard the integrity of its financial systems, and contribute to regional and global efforts to combat illicit finance during the 2025–2029 period,” he stated.
The initiative is aligned with President Dr. Julius Maada Bio’s vision of preventing Sierra Leone from becoming a safe haven for money laundering, terrorist financing, or other financial crimes.
The workshop gathers key stakeholders, including government ministries, departments, agencies (MDAs), and international development partners, to refine and finalize the strategy, ensuring a coordinated and robust framework for financial crime prevention in the country.