Skip to main content

Author: Amira Cherni

Exclusive: Central Bank Issues Instructions to Banks on Extending the Use of High-Value Cheques via the ECC System for Public Entities Only

Our source has obtained a letter from the Central Bank of Libya addressed to commercial banks, containing its instructions to extend the use of high-value cheques exceeding 250,000 dinars through the ECC system, limited to public entities only, until April 30.

Customers are to be informed that the alternative to cheques is to conduct transfers and process them through the RTGS transfer system, in accordance with the relevant regulations and instructions.

After Arrest Warrants Issued… Documents Reveal Millions Flowed from Al-Madar for Advertising Contracts and Island Maintenance

Our source has obtained a contract between Al-Madar Al-Jadeed Company and Al-Nasr International Group for General Contracting and Investment to carry out comprehensive maintenance work on Al-Zarrouq Island in Misrata, valued at 2.086 million Libyan dinars.

Our source also obtained a copy of another contract between Al-Madar and Earth Media for Media Services worth 2.5 million dinars, for implementing media packages for the Ramadan and Eid al-Fitr campaign of the 2023 season through Salam TV Channel, as well as training 7 employees according to the proposal.

It is worth noting that the Attorney General has ordered the detention of the General Manager of Almadar Telecommunication Company and the heads of the media, human resources, and procurement departments, on charges of misappropriating 3.575 million dinars in violation of the company’s financial regulations, and accepting invoices worth 540,000 dinars. These included claims for food purchases to celebrate the company’s anniversary — among them, full lamb meals, one of which was valued at 17,500 dinars.

Exclusive: Libyan Ports Company Contacts Companies to Implement Adjustments for Collecting Revenues at a New Exchange Rate

The Chairman of the Libyan Ports Company sent a communication to the commissioners of shipping companies and agencies regarding the implementation of adjustments for collecting due revenues in foreign currency, starting from May 11, 2025, including vessels docked at the ports during this date.

This comes in reference to the decision of the Central Bank of Libya to adjust the exchange rate for the year 2025.

Billions of Dollars Still Hidden to This Day… Washington Institute for Near East Policy Describes Libya as a “Corrupt” State

The Washington Institute for Near East Policy stated on Saturday that Libya is a corrupt state, and that it could have been a wealthy country if its oil wealth had been properly managed. It could have met the needs of its population and contributed to regional development. Instead, two major economic policy failures led to severe imbalances: the state employs most of the labor force, and fuel subsidies—accounting for more than 20% of GDP—have encouraged cross-border smuggling in exchange for what now seems little compared to the amounts stolen from the state today.

According to the Washington Institute, a series of recent reports revealed the disappearance of billions of dollars in Libyan funds. The annual report of the UN Panel of Experts, established under Security Council Resolution 1973, outlines a scheme to barter some Libyan oil exports for diesel to generate electricity. The report, along with a subsequent investigation published by the Financial Times, describes how this opaque scheme led to the disappearance of billions in Central Bank revenues. The National Electricity Company is also under investigation for supporting this scheme.

The Libyan Audit Bureau also reported that oil revenues from the National Oil Corporation are significantly lower than the deposits made in the Central Bank, after the report came under attack.

The embassies of France, Germany, Italy, the United Kingdom, and the United States confirmed their support for the Audit Bureau and their commitment to preserving its independence. In another indicator of corruption, the head of the Libyan Asset Recovery and Management Office was arrested in January. It doesn’t take much imagination to wonder why someone investigating a major source of funds is being detained, despite UN condemnation.

The Institute continued by stating that during the first half of March, the Central Bank of Libya injected $2.3 billion USD in foreign currency to provide liquidity. Then, on April 7, the Bank devalued the dinar by 13%, partly to prevent the creation of a black market for foreign currencies—even before the Trump-era tariffs were implemented.

The Wall Street Journal: Deportation Plans Were Coordinated Between the Trump Administration and Libya’s GNU in Exchange for Political Support

A report by CNN has revealed dramatic details surrounding an attempt to deport migrants from the United States to Libya as part of a strict policy pursued by former President Donald Trump’s administration — an operation that was suddenly halted at the last minute.

According to CNN, a military flight was canceled at the last moment. A group of detained migrants in Texas had been transported by bus to a military base early last Wednesday, where a military aircraft awaited them. One of the detainees, a Filipino national, was reportedly informed that he would be deported to Libya, despite a prior deportation order to his home country.

Consultations with Dbeibeh’s Government

According to Wall Street Journal, consultations on the deportation plan took place between the Trump administration and the Government of National Unity led by Abdul Hamid Dbeibeh, with U.S. officials confirming that certain Libyan figures initially expressed willingness to receive the deportees in exchange for political support.

Middle East Eye: Secret Talks Between the Government of National Unity and the Trump Administration to Share Billions of Dollars in Frozen Libyan Funds – Here’s What the U.S. Will Get in Return

Middle East Eye revealed on Thursday that the Government of National Unity has held talks with the United States about sharing billions of dollars in frozen Libyan assets if the Trump administration helps release the funds, according to two sources familiar with the secret discussions.

A Western official and an Arab source familiar with the talks told Middle East Eye that the Trump administration would assist in unfreezing around $30 billion, which have been frozen since the overthrow of Muammar Gaddafi.

The site indicated that, in return, the United States would receive approximately $10 billion to reinvest in Libya, focusing on infrastructure and energy projects, according to the sources who requested anonymity.

The American companies Halliburton and Honeywell International announced energy projects in Libya in 2023, but the pace of development has been slow.

The site added that this proposal was made by the Tripoli-based government, led by Prime Minister Abdul Hamid Dbeibeh, when a delegation of U.S. officials visited Libya in early 2025, according to the report.

Reuters: Mexican Citizen Asked to Sign Document Allowing Deportation to Libya

Reuters reported, citing relatives of a Mexican citizen, that he was asked to sign a document permitting his deportation to Libya.

Family members said they fear he may be deported from the United States to Libya after he contacted them on Tuesday from an immigration detention center in Texas, saying he was asked to sign a document authorizing his deportation to Libya.

Valentin Yah said that several other individuals of various nationalities at the Pearsall Immigration Detention Center in Texas were also ordered to sign the same document, according to two of the man’s family members.

His family, who requested anonymity out of fear of retaliation, said he was begging immigration officials on Tuesday to deport him to Mexico instead — a country just about 100 miles (160 kilometers) from where he was being held.

U.S. Senator Marco Rubio also hinted last week that Washington is seeking to expand the list of countries to which it deports individuals, beyond countries like El Salvador.

Rubio said during a Cabinet meeting at the White House last Wednesday: “The farther away from America, the better.”

French Site Africa Intelligence Reveals Dbeibeh’s Involvement in Oil Deal Scandal and Ongoing Investigation

The French intelligence website Africa Intelligence reported on Thursday that Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, is involved in a scandal related to an oil deal concerning Arkenu Oil Company.

The site added that the Prime Minister is facing a public investigation regarding a contract awarded to a local company named Arkenu Oil. The investigation focuses on a deal signed between the company and the National Oil Corporation, which also involves the multinational company SLB, according to the report.

Exclusive: Al-Sadiq Dismisses Director of Corporate Accounting at the Ministry of Oil for Refusing to Approve Suspicious Deal

Exclusive oil sector sources told our source that the Acting Minister of Oil in the Government of National Unity, Khalifa Al-Sadiq, has dismissed the Director of Corporate Accounting at the Ministry of Oil, Muftah Belfqeera, for refusing to approve a suspicious deal.

According to the sources, Belfqeera refused to sign off on a waiver of €457 million in favor of Wintershall, representing debts owed by the company to the Libyan state following amendments to existing agreements.

The sources also confirmed that Khalifa Al-Sadiq appointed a new director for the Corporate Accounting Department, who currently works at Sarir Company, a partner of Wintershall.

Exclusive: Al-Zantouti: If the Deportation News Is True… Libya Will Top the Global Economic Crime Charts

Financial expert Khaled Al-Zantouti told our source in an exclusive statement: “If the news about deporting migrants with criminal records to Libya is true, it would be an economic catastrophe that could reshape Libya’s economic and financial structure, firmly placing it on the global map of economic crimes in all their forms.

He added: “Our international reputation in money laundering would be strengthened. Libya would become the international stock exchange hub for global currency trading. International mafia criminal networks would form inside Libya, exploiting our wide coasts and borders to enhance global smuggling, turning Libya into the world’s capital of (smuggling economies).

He also said: “Libya would become a global center for exchanging stolen and counterfeit currencies. It would become the undisputed capital of global oil smuggling and an international distribution hub for narcotics. Libya would replace Calabria as the base for the ‘Ndrangheta’ organization.

He continued: “We wouldn’t be surprised if we soon have a “Cosa Libya,” mirroring the “Cosa Nostra,” the infamous criminal organization that emerged in Sicily in the mid-19th century. And don’t be surprised if we one day have a “Libyan Luciano” feeding intelligence to the U.S.! On the other hand, the “supporters” might say: our balance of payments will improve significantly, jobs will be created, and Libya will become a global transit trade center!

He concluded by saying: “If true, gentlemen, this is the trade of nations — when the fools become decision-makers! (And I don’t generalize.) We pray the news is not true.

Africa Intelligence: In the Absence of a Foreign Minister, Libya’s Embassies Abroad Are in Chaos and Unstable

The French intelligence website Africa Intelligence reported on Wednesday that Libya’s embassies abroad are effectively non-functional, with chargé d’affaires and ambassadors remaining in their posts indefinitely.

The site added that due to ongoing legal issues and the absence of a foreign minister, turmoil prevails within the corridors of Libya’s embassies overseas, rendering them somewhat unstable, according to the report.

Exclusive: Al-Harshaoui Reveals to Sada the U.S. Military Aircraft Carrying Illegal Migrants Headed to Libya

Libya affairs expert at the Royal United Services Institute, Jalel Harchaoui, told our source on Wednesday that since Donald Trump took office in January 2025 — and now, in May, more than 100 days into his presidency — the only aspect of the Libyan file that the White House has paid attention to, or even looked at, is this arrangement.

Al-Harchaoui confirmed to our source that under this plan, groups of irregular migrants — likely coming from Latin America — are being deported to prisons in Libya. This means that all decision-makers in Libya, whether in Benghazi or Tripoli, will be eager to receive these migrant planes coming from the U.S. military. The reason behind this shared enthusiasm on both sides of the Libyan divide to receive these migrants is their strong desire to please the White House.

CNN: Air Deportation Plan for Migrants to Launch from “Kelly Field” to Misrata Airport

The American network CNN reported on Wednesday that the administration of President Donald Trump is moving forward with a plan to deport a group of undocumented migrants to Libya.

According to the network, citing a U.S. administration official, a C-17 military aircraft submitted a flight plan to depart from Kelly Field in San Antonio, Texas, to Misrata Airport in Libya on Wednesday. It remains unclear whether additional groups of migrants will be transferred to Libya in the future.

CNN confirmed that the White House declined to comment on the plans. When asked about it in the Oval Office, Trump said: “I don’t know anything about it, ask the Department of Homeland Security.” The U.S. State Department also refused to confirm or deny the matter, simply stating that it does not discuss the details of diplomatic communications with other countries.

CNN pointed out that the decision to deport migrants to Libya—despite the State Department’s designation of Libya as a Level 4 “Do Not Travel” country—marks a significant escalation in deportation policies, which have already faced widespread legal and human rights criticism.

While Washington continues discussions with other African countries such as Rwanda regarding similar possibilities, the network quoted a Libyan official who completely denied any discussions with the American side about receiving migrants. The official emphasized that the recent meetings held in Washington followed a publicly announced agenda and did not include this issue.

Exclusive: For These Reasons… Shakshak Urges Dbeibeh Not to Take Any Measures to Implement His Decision to Cancel 25 Embassies and Diplomatic Missions Abroad

Our source has exclusively obtained a letter from the President of the Audit Bureau, Khaled Shakshak, addressed to the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, urging him not to take any measures that would implement the decision to cancel 25 embassies and diplomatic missions abroad and merge them with other missions. This recommendation is based on the Bureau’s jurisdiction and in accordance with Law No. (19) of 2013 concerning its reorganization and the follow-up and execution of the observations included in the Bureau’s reports.

Shakshak explained that, based on the documents submitted to implement the said decision and to achieve the intended objectives efficiently and effectively, the Bureau recommends a comprehensive review before taking any measures or execution procedures. He emphasized that diplomatic missions abroad, as well as the Deputy Minister of Foreign Affairs for Consular, International Cooperation, or Political Affairs, should refrain from taking any steps to implement or amend the decision or issue any executive orders until the following issues are fulfilled:

  • Review the financial, staffing, legal, political, sovereign, organizational, administrative, and procedural status of the missions proposed for cancellation, merger, or retention.
  • Inventory and evaluation of assets and properties such as vehicles, buildings, equipment and furnishings, administrative and diplomatic archives, financial records, entrusted assets, electronic devices, phones, and international numbers, etc.
  • Inventory and evaluation of human resources, including local staff, attachés, and advisors, with a clear determination of their salaries, benefits, entitlements, insurances, debts, and employment rights.

Once the above issues are addressed, employees from closed missions must be reassigned to other missions and their employment status handled properly, including contract terminations. Lease agreements, partnerships, guarantees, and contractual obligations should be reviewed, as well as the legal standing of the closed missions to ensure there are no legal impediments to their closure.

It is also essential to preserve classified archives and documents by legal means and to provide an implementation mechanism that ensures the diplomatic staff’s rights during their transition to new workplaces. Ongoing legal disputes raised by diplomatic staff in this regard must also be addressed. A comprehensive file for each closed diplomatic mission should be prepared, detailing its financial, administrative, and legal status, as well as the condition of the building, debts, entrusted assets, dues, and international subscriptions.

Additionally, merged missions must be reviewed, including diplomatic agreements with host countries concerning the status of missions, and host countries should be notified of the closure of diplomatic missions in accordance with legal protocols and international norms.

Exclusive: Maltese Ambassador Reveals to Sada Details of Economic Cooperation Between Tripoli and Valletta Amid Current Conditions

The Maltese Ambassador to Libya, Charles Saliba, told our source on Monday that the economic partnership between Malta and Libya is not new. Even during difficult times when Libya was under siege and sanctions, Malta invested heavily in the country.

The ambassador emphasized to our source that Valletta—being the closest city to Tripoli—has always viewed Libya as a promising country, with opportunities available across all sectors. Despite Malta’s small size, its contributions have always been significant, and Malta was often the first to offer support to Libya.

The ambassador added that economic cooperation spans various sectors, from education to other fields, noting that Malta has used Libya as a production hub and has played an important role in the lives of many Libyans across different domains.

He further noted, “On a personal level, I still believe that, even under the current circumstances, many opportunities exist—and I am confident that Maltese companies can be part of Libya’s development.”