Wednesday , 20 October 2021
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Libya’s Audit Bureau suspends officials from military medical department over corruption

The Libyan Audit Bureau has suspended several officials from the military medical department and seized sums at bank accounts of certain firms till they return the money they have embezzled. The bureau referred the cases to the Military and Public Prosecutors.

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Libya’s National Anti-Money Laundering Commission signs agreement with Interior Ministry to combat corruption

The Governor of the Tripoli Central Bank of Libya (CBL) in his role as chairman of the National Anti-Money Laundering and Terrorist Financing Commission signed a cooperation agreement yesterday with Fathi Bashagha, Tripoli’s Interior Minister.

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Getting the Libyan Investment Authority back on track again: An interview with LIA chairman Ali Mahmoud Hassan

Ever since Libya’s descent into division and political and economic chaos in 2014, the affairs of the Libyan Investment Authority (LIA) have mirrored those of the country. Competing claims to the authority’s leadership resulted in a lack of proper supervision of the LIA’s assets and subsidiaries, worth over $67 billion …

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Top Audit Bureau public corruption investigator ‘‘kidnapped’’ by ‘‘Interior Minister’s office’’ – Ministry says it is ‘‘legally questioning’’ him

Libya’s Tripoli based Audit Bureau announced yesterday that the head of its Public Sector Financial Supervision Department, Rida Gergab, was ‘‘kidnapped and forcibly held’’ on the same day by ‘‘a group affiliated with the Interior Minister’s Office’’.

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UK Court Confirms Ali Mahmoud Hassan Mohamed as lawful chairman of the Libyan Investment Authority

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.

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