Telecom sources reveal the purchase of a building for Libyana at an exaggerated value and transfers to a “fake” academy as a deduction from the profits of the LPTIC

A source in the telecommunications sector revealed exclusively the purchase of a building for Libyana company in the Al-Noufalyen area at an amount of 158 million Libyan dinars, at a time when its market value does not exceed 70 million, through the formation of a committee headed by Huneid Al-Kamoushi, temporary general manager of Libyana, and the membership of Abdul Majid Al-Bakush, the director of the Security and Safety Office, which we have previously published an article about.

The source revealed that Ben Ayed transferred the amount and capacity of 160 million dinars to the account of the fake Communications Academy, which does not exist on the ground, according to him, through Libyana Company, deducting from the profits of the holding company with Libyana, as appears in the attached documents.

The source confirmed by saying: “The new president of Libyana Company, Al-Burari Youssef Al-Burawi, marginalized the letter and paid the value directly in a clear trickery to the Audit Bureau, where the latter had previously issued a circular not to transfer profits to the LPTIC Holding because it had no right to do so. The Bureau also issued a decision imposing accompanying supervision on the holding’s accounts.”