The Head of the Accounting Department at the Libyan Academy for Graduate Studies, Abubakr Abu al-Qasim, said in a statement to our source: “We thank the Central Bank of Libya, the Audit Bureau, and the Attorney General regarding the announcement of ending the crude oil-for-fuel barter process, explaining that this ends the country’s largest systematic theft and looting of its wealth.”
Abubakr called for measures to be taken, including:
“First: this step must be followed by an important step, which is to investigate the entire previous phase of these barter operations, reveal the facts to the people, and question and prosecute everyone proven to be involved in the looting of Libyan funds.
Second: beware of the sharks of corruption who will strive with all their might to obstruct this step and bring back the barter process.”
Abubakr added:
“The third step of the measures must be to end dealings with the company “Arkenwa”, investigate everything it has done, and bring those behind it to justice.
Fourth, the next step should be for all honest voices in this country to adopt the idea of the “Aysar System” supported by the Central Bank of Libya, and that the salaries of government sector employees be transferred through this system directly from the Central Bank to the beneficiaries’ accounts — a system which the Ministry of Finance has not yet fully responded to.”
Abu al-Qasim concluded his statement by saying: “Honest voices must speak the truth and fight all these phenomena that contributed to the theft and looting of the people’s money. May God improve the situation.”
