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Libya does not yet fully use internationally accepted accounting principles and Audit Bureau is not independent according to international standards: U.S. State Department report

The section in the U.S. State Department ‘‘2021 Fiscal Transparency Report’’ on Libya says internal political and civil conflict has prevented the Libyan government from fully implementing its budget processes, which has adversely affected fiscal transparency and the country’s operations.

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Audit Bureau launches pilot system for inspecting local and overseas state-paid medical bills

The head of the Libyan Audit Bureau Khaled Shakshak met yesterday with several stakeholders at his office to review the results of the trial launch of the pilot system for inspecting local and overseas state medical bills. The system covers both civilian patients and patients wounded in fighting.

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Audit Bureau reveals embezzlement at Rome and Vatican Libyan embassies

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.

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Agreement reached on criteria for choosing sovereign positions at Bouznika

The delegations from the Libyan parliament, the Tobruk-based House of Representatives (HoR), and the High State Council (HSC) announced that they had reached a comprehensive understanding on the criteria for selecting the holders of Libya’s sovereign positions.

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Economic transparency and structural reform remain Libya’s last hope

For a range of reasons, 21st century civil wars have tended to be more protracted and multiparty than those of the 20th century. One is that the 21st century’s international system is more fractured and therefore promotes proxy intervention while consistently hampering mediation efforts.

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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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