Shakshak to our source: « This is what will be caused by the National Oil Corporation withholding revenues from the Central Bank. We have referred a file in particular to the prosecution »

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Our source conducted today an exclusive interview with the head of the Audit Bureau in Tripoli, Khaled Shakshak. During the meeting, he revealed that what the National Oil Corporation had done by withholding revenues was an unusual behavior and contrary to all applicable laws and legislation. We addressed the institution more than once in this regard and alerted us. However, what it is doing is illegal and represents a huge risk to public funds. In addition, it will reflect negatively on the national economy, especially with regard to the value of the currency and the provision of society’s needs, the most important of which is treatment. »

He stressed that the Central Bank will not be able to transfer foreign currency in the case of a blocking, and the only way it can use is to unlock deposits abroad that will reduce the value of the Libyan dinar.

He stated that what the institution continues to do is an irresponsible act, and « we have started preparing a file on this issue, part of which has been referred to the Public Prosecution and another part will be referred soon, in addition to a series of measures we will have to take if no solution was found, in line with law. »