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Exclusive: Referring to Adulterated Gasoline… Shriha States That the National Oil Corporation Paid $42 Million of Libyans’ Resources to a Company with a Notorious History of Corruption
Engineer Masoud Shriha, the complainant against the Chairman of the National Oil Corporation (NOC), Farhat Bengdara, stated in an exclusive statement to our source hat the NOC paid $42 million of Li…
Exclusive: Al-Twibi Files Complaint Against Parliament Speaker and Central Bank Governor Over Failure to Implement Tax Cancellation Rulings
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Lawyer Thuraya Al-Twibi revealed to our source that she has filed a complaint against the Governor of the Central Bank of Libya and the Speaker of the House of Representatives for their refusal to i…
Exclusive: With the Continuation of the Imposed Tax, the Central Bank Issues Regulations for Resuming Foreign Exchange Sales Using the Same Previous Mechanism
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Our source has obtained a correspondence from the Director of the Banking Supervision and Control Department at the Central Bank of Libya to the general managers of banks. The correspondence concern…
Reuters: Spanish company Repsol resumes oil exploration in Libya after 10-year interruption
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Reuters agency reported today, Wednesday, that Spanish company Repsol has resumed oil exploration in Libya after a ten-year stoppage.
According to Reuters, the National Oil Corporation said that…
Exclusive: Central Bank Directs Banks to Open the Foreign Exchange System on January 5 – Here’s What Was Requested
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Our source has exclusively obtained a circular from the Central Bank of Libya addressed to commercial banks, instructing them to begin accepting foreign exchange coverage requests through its system…
Exclusive: Allegations of Corruption and Money Laundering Among the Violations Uncovered by the Audit Bureau at Al-Wafa Bank and Referred to the Prosecutor
Our source has exclusively obtained a report from the Audit Bureau addressed to the Attorney General, detailing violations at Al-Wafa Bank involving documents, names, and numbers that suggest corrup…