In a press release, the National Oil Corporation confirmed that it will not be transferring revenue funds to the Central Bank of Libya due to a lack of trust and transparency in the bank.

11 legal organizations and civil societies have lodged a complaint with the Libyan Attorney General over the “bribes given to participants of the Libyan Political Dialogue Forum in Tunisia this month” and have called on the UNSMIL to continue their investigation for the allegations of bribery.

In a press release on Monday, the Government of National Accord announced that it would be allocating funds for the High National Elections Commission.

As Turkey promotes its products to the Libyan market, Istanbul hosted the first Turkish-Libyan Economic Forum on Oct. 15 with the participation of several Libyan and Turkish companies.

The Tripoli-based Libyan Audit Bureau announced Wednesday that it had discovered embezzlement and appropriation of public funds in the Libyan embassies in Rome and the Vatican. It said that the crimes involved officials of the embassies.

The Head of Libya’s Audit Bureau in Tripoli Khalid Shakshak sent reports to the Attorney General about corruption cases at the Libyan embassies in Vatican city and Italy.

The internationally recognized Libyan government based in Tripoli discussed the draft public budget proposed by the Ministries of Finance and Planning for the year 2020-2021 yesterday.

Al-Kabir, in a briefing at the Tripoli-based House of Representatives, said the general debt of the state reached a record high of 270% of the Gross Domestic Product (GDP), adding that Libyan oil revenues dropped dramatically from 53.2 billion dollars in 2012 to almost (Zero) 2020.

Libya’s National Anti-Corruption Commission (NACC) yesterday reviewed and discussed the recovery of corruptly obtained state assets and looted funds as well as a questionnaire on the matter.

The governor of the parallel Libyan Central Bank Ali Al-Hibri said he approved a budget of 300 million dinars for the Interim Government of Abdullah Al-Thinni in eastern Libya for anti-coronavirus measures, 284 million of which the government spent in 10 days.