The General Auditing Commission (GAC) has released a bombshell report exposing a massive debt fraud scheme involving 77 companies that collectively attempted to claim over $704 million USD from the Liberian government. Among the most prominent names on the list is the Anita Group of Companies, believed to be owned by the daughter of former Presidential Chief of Protocol, Finda Bundoo, which appears twice at positions #5 and #6. According to the GAC’s findings, the scam was orchestrated through fraudulent debt claims submitted to the Ministry of Finance. Insiders within the Ministry, particularly during the administration of former President George Weah, reportedly listed various companies as creditors to the government.
While some of these claims may have been legitimate, others were either grossly inflated or entirely fabricated setting the stage for kickbacks and illicit payouts. The Anita Group of Companies claimed the government owed them a hefty sum of $768,636 USD. However, when pressed for documentation or proof of services rendered, the company failed to provide any evidence. To verify the legitimacy of these claims, the GAC issued public notices—most recently in December 2024, calling on all companies with outstanding debt claims to submit their contracts or demonstrate the work they had done. This was a clear effort to separate genuine creditors from fraudulent ones. Despite repeated calls, Finda Bundoo’s daughter and her company never responded. No contracts.
No project reports. No trace of the supposed work that justified a claim of over three-quarters of a million dollars. With zero evidence submitted nearly a year after the public notice, the GAC officially canceled the debt claim made by the Anita Group of Companies. The Commission concluded that the claim was baseless and part of a broader scheme to defraud the state. This revelation raises serious questions about internal controls at the Ministry of Finance and the extent of collusion between public officials and private entities. The GAC’s report is expected to trigger further investigations, and possibly prosecutions, as the Country engages with the fallout of one of its largest attempted financial heists in recent memory.
