9 Hrs
Source:
عين ليبيا
Who Guards Libya's Money
The Voice of the People Party called on the House of Representatives to take action to protect Libyan public funds and foreign investments, and to open an investigation into the “Media Center” file linked to the Libyan Foreign Bank. This follows the circulation of allegations that around 100 million dinars a month had been spent for more than five years, with no clarity about the center’s activities or how the money was used. The party also called for suspending Abdul Hamid al-Safi’s appointment as representative of Libya’s stake in Suez Canal Bank until the propriety of the procedures and his qualifications had been verified; holding the chair of the Libyan Foreign Bank committee to account; publishing the investigation findings; and reviewing the criteria for appointing Libya’s representatives to foreign institutions. It further urged oversight and judicial authorities to intervene, arguing that those responsible for managing public funds should be held accountable before citizens are made to bear additional economic burdens.
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