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.

The Audit Bureau requested the Presidential Council (PC) and its ministers, especially the Finance, Transport, and the Administrative Control Authority, to inventory the financial assets, in order to be verified with the archived records.

National Oil Corporation (NOC) has today issued its official response to the false claims made in a report by the Audit Bureau (AB) regarding its operations and staff. 

The Central Bank of Libya (CBL) has denied links to any funding of terrorists and reaffirmed that economic reforms agreed upon last month in Tunisia are underway despite hurdles caused by the current shutdown of oil ports and exports. “Economic reform will take effect no matter what.” Said the head …

Libya’s Supreme Judiciary Council has urged the country’s Attorney General to carefully and promptly investigate the recently-released Audit Bureau 2017 Annual Report.

The Libyan Audit Bureau said that despite increased oil production and increased oil revenues into the Libyan state coffers, this increase was not used to improve the economic conditions of the country. The claim comes in the Audit Bureau’s 2017 Annual Report.

90 members of the Tobruk-based House of Representatives (HoR) have called for forming a committee to choose candidates to fill the sovereign posts in Libya in coordination with the High Council of State (HCS) – the rival legislative body in Tripoli.

The Tripoli-based Administrative Control Authority (ACA), the Libyan state body in charge of oversight of state employees, announced yesterday that it has temporarily suspended and referred for investigation seven diplomats at the Libyan embassy in Tunis for public interest requirements. They are;

A television journalist was grabbed in front of his Tripoli home today while his helpless wife looked on. The abductors told him that they wanted him for “investigations”.

In a detailed analysis, former General National Congress (GNC) member and current House of Representatives (HoR) member for Zintan, Abdualslam Nasia, has declared the ‘‘Temporary Financial Arrangements’’ or budget, released by the Faiez Serraj Presidency Council and Government of National Accord (GNA) as illegal and unconstitutional on a number of …