"PUBLIC PROCUREMENT IS ONE OF THE MOST VULNERABLE CORRIDORS FOR ILLICIT FINANCIAL FLOWS IN WEST AFRICA" - GIABA’S EDWIN HARRIS WARNS

‘West Africa Loses $50Bn Yearly To Illicit Financial Flows, As Criminal Networks Exploit Public Procurement- GIABA Warns

As A Major Workshop Opens In Liberia A major regional workshop has opened in Liberia’s capital, Monrovia with a stark warning: public procurement systems across West Africa are being systematically weaponized by criminals to launder money, defraud governments, and drain resources meant for schools, roads, and hospitals. Speaking at the opening ceremony of the Regional

"PUBLIC PROCUREMENT IS ONE OF THE MOST VULNERABLE CORRIDORS FOR ILLICIT FINANCIAL FLOWS IN WEST AFRICA" - GIABA’S EDWIN HARRIS WARNS

By Our Reporter | Smart News Liberia MONROVIA – The Director General of the Intergovernmental Action Group against Money Laundering in West Africa (GIABA), Edwin Harris, has issued a strong warning over the growing exposure of public procurement systems to money laundering and terrorism financing, describing the sector as one of the most vulnerable channels for illicit financial flows in the sub-region. Speaking Monday, June 8, 2026, at the Regi…