22 Hrs
Source:
الشرق الأوسط
Source: الشرق الأوسط
22 Hrsالشرق الأوسط
Source: الشرق الأوسط
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The article reveals an escalation of money laundering risks in Libya, where suspicious transfers and deposits have exceeded 24 million Libyan dinars. This comes amidst investigations by the Public Prosecutor’s Office into suspects involved in unexplained financial flows surpassing this amount. The situation is compounded by the seizure of illegal financial transfer operations, notably transfers exceeding 4 million and 3.8 million dinars. These transactions lack legal justifications and raise concerns about weak oversight of financial flows. Experts and security sources link the rise in money laundering to the absence of effective legislation and inadequate regulatory measures, especially amidst political and security chaos and widespread corruption. This environment enables the laundering of illicit funds through legitimate activities such as real estate and commerce. They emphasize the importance of strengthening legislation and oversight to prevent money laundering and protect the Libyan financial system from deterioration.
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