Audit Bureau Reviews Libyan Oil Funds
The Audit Bureau held a meeting with the management of the Libyan Foreign Bank to follow up on financial and banking files related to public funds, chaired by Khaled Shukshuk. The meeting discussed the bank's foreign investments, the mechanism for collecting oil revenues and depositing them into the accounts of the National Oil Corporation, and transferring them to the Ministry of Finance at the Central Bank of Libya. The meeting also reviewed the status of budgets and financial auditing, with an emphasis on strengthening governance and financial disclosure standards to ensure the protection of public funds and improve resource management.
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