The investigation was triggered by suspicious banking transactions at Banque Al-Jama Arabi.
The public prosecutor’s office has issued arrest warrants for the former director and financial director of the company. The investigation revealed that a loan of 4.5 million dinars was granted without proper guarantees, raising concerns about potential financial irregularities.
The suspects are accused of falsifying financial records, misappropriating funds, and making illegal withdrawals. Authorities are working to recover the stolen funds and bring the perpetrators to justice.
This case highlights the ongoing challenges faced by Libya in combating corruption and financial crime. As the country strives to rebuild its economy and institutions, addressing such issues is crucial for ensuring transparency and accountability.
AC/lb/abj/APA