Monrovia, March 27 -- The National Oil Company of Liberia (NOCAL) finds itself embroiled in a scandal as the Liberia Anti-Corruption Commission (LACC) launches an investigation into allegations of money laundering and corruption within the company's administration.

By Lennart Dodoo

The investigation, stemming from events allegedly occurring between July 15-21, 2023, centers around accusations of collusion between NOCAL officials and BMC Group Inc. to launder funds through Sapele International Bank (SIB) Liberia Limited.

According to the LACC's letter of request addressed to Hon. Jake Kabakole, Officer-in-Charge of NOCAL, the administration is accused of conspiring with BMC Group Inc. to open an account at SIB for the purpose of illicit...