{"id":255323,"date":"2025-10-30T15:04:47","date_gmt":"2025-10-30T13:04:47","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=255323"},"modified":"2025-10-30T15:04:47","modified_gmt":"2025-10-30T13:04:47","slug":"french-website-turkish-businesswoman-residing-in-dubai-collaborates-illegally-with-oil-smugglers-in-libya-here-are-the-details","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/french-website-turkish-businesswoman-residing-in-dubai-collaborates-illegally-with-oil-smugglers-in-libya-here-are-the-details\/","title":{"rendered":"French Website: Turkish Businesswoman Residing in Dubai Collaborates Illegally with Oil Smugglers in Libya \u2014 Here Are the Details"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The French website <em>Afrik<\/em> revealed today, Thursday, the existence of a network stretching from the Mediterranean Sea to sub-Saharan Africa that participates in the illegal trade of oil.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the French website, at the heart of this corruption is also a Turkish-Serbian businesswoman residing in Dubai. In less than five years, her family petrochemical company, <strong>BGN<\/strong>, has transformed into a key intermediary for Libyan oil, managing nearly <strong>one million barrels per day<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Complex Arrangements Involving Shell Companies<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">According to the same sources, estimates indicate that <strong>BGN<\/strong> and its subsidiaries earned <strong>$2.7 billion USD<\/strong> from this trade in 2023 \u2014 about <strong>30% of the total<\/strong>, according to the <em>Financial Times<\/em>.<br>The company operates from <strong>Dubai, Istanbul, and Geneva<\/strong>, using complex arrangements involving shell companies and Swiss bank accounts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The French site added that the paradox surrounding this company lies in the fact that it has succeeded in establishing its presence in Libya, where it operates <strong>in coordination with Libyan authorities<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Suspicious Transfers Worth Millions of Dollars<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The website reported that the <strong>Attorney General in Tripoli<\/strong> is conducting an investigation into suspicious transfers worth <strong>millions of dollars<\/strong> from Libya.<br>Even more concerning, the company has entered into a <strong>partnership with another institution<\/strong> to obtain <strong>production rights for the Tahara oil field<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The French report continued, stating that the impact of this network extends beyond Libyan borders. The report highlights the existence of a <strong>regional network exploiting oil resources<\/strong> through similar methods \u2014 shell companies, obscure financial arrangements, and <strong>corruption among political elites<\/strong>.<br>Thus, oil becomes a tool of an <strong>exploitative system<\/strong> that spans across the entire region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The French website Afrik revealed today, Thursday, the existence of a network stretching from the Mediterranean Sea to sub-Saharan Africa that participates in the illegal trade of oil. According to the French website, at the heart of this corruption is also a Turkish-Serbian businesswoman residing in Dubai. In less than five years, her family petrochemical [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":255324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[613,757],"class_list":["post-255323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-libya","tag-smuggling"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/255323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=255323"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/255323\/revisions"}],"predecessor-version":[{"id":255325,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/255323\/revisions\/255325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/255324"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=255323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=255323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=255323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}