The Libyan Investment Authority (LIA) and its chairman, Dr Ali Mahmoud, have won a landmark legal case before the English Commercial Court in London which confirms his status as the sole validly-appointed chairman of the LIA.

The Head of the Libyan Presidential Council Fayez Al-Sarraj has delayed a meeting for the Board of Trustees of the Libyan Investment Authority (LIA) from Sunday – March 15 – to a further notice.

The head of the Audit Bureau, Khaled Shakshak has said that international indicators on the phenomenon of corruption in Libya are inaccurate.

The Tripoli-based House of Representatives (HoR) announced yesterday the signing of the minutes of a joint agreement between the National Anti-Corruption Commission, the Audit Bureau and the Administrative Control Authority.

Members of the Constitution Drafting Assembly (CDA) of the Tabu and Tuareg components called for a review of the draft constitution and to be reconsidered by the CDA, under the auspices of the United Nations Support Mission in Libya.

The east-based Administrative Control Authority of the House of Representatives in Tobruk called on Monday for the release of its chairman Abdelsalam Al-Hassi who was abducted late on Sunday.

Libya Audit Bureau, the highest financial regulatory authority in the country, has rejected the 2019 budget announced by the Government of National Accords (GNA) last month.

Libya held on Saturday municipal elections in nine areas where turnout in the country’s first voting for five years reached only about 38%.

The Public Sector Employees’ Registration Committee of the Administrative Control Authority has suspended the salaries of some 28,000 employees because of duplication of functions in state entities and the failure of public bodies to follow-up the financial files of their employees.

The Ministry of Interior (MoI) aligned with the Faiez Serraj-led Presidency Council and Government of National Accord announced last Sunday that it has recently established an Elections Security and Protection Department, part of its General Directorate of Operations.