{"id":257395,"date":"2026-06-19T23:54:00","date_gmt":"2026-06-19T21:54:00","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=257395"},"modified":"2026-06-20T00:14:34","modified_gmt":"2026-06-19T22:14:34","slug":"exclusive-alleged-corruption-suspicions-surround-lyd-45-million-project-to-purchase-headquarters-for-the-export-development-authority","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-alleged-corruption-suspicions-surround-lyd-45-million-project-to-purchase-headquarters-for-the-export-development-authority\/","title":{"rendered":"Exclusive: Alleged Corruption Suspicions Surround LYD 45 Million Project to Purchase Headquarters for the Export Development Authority"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Our source reported that it obtained details of an investment contract for the purchase of a building on behalf of the Libyan Export Development Authority.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the report, the contract was signed by the Authority\u2019s chairman, Mohamed Al-Hangari, with a total value of <strong>45 million Libyan dinars<\/strong>. The project is currently under investigation by the Administrative Control Authority amid allegations of corruption.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Based on information cited by the newspaper, the contract included an advance payment equivalent to approximately <strong>65% of the total value of the works<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report further states that nearly <strong>half of the project&#8217;s total value<\/strong> has already been disbursed despite the alleged absence of completed work commensurate with the amounts paid.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the article, these circumstances have raised questions regarding:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The contracting procedures used for the project.<\/li>\n\n\n\n<li>The mechanisms governing the disbursement of funds.<\/li>\n\n\n\n<li>Compliance with applicable legal and financial regulations.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The article notes that the matter is currently under review by the Administrative Control Authority due to the reported concerns surrounding the project\u2019s execution and financial management.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As presented in the report, these are allegations and matters under investigation, and no findings of wrongdoing have been reported as finalized or adjudicated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our source reported that it obtained details of an investment contract for the purchase of a building on behalf of the Libyan Export Development Authority. According to the report, the contract was signed by the Authority\u2019s chairman, Mohamed Al-Hangari, with a total value of 45 million Libyan dinars. The project is currently under investigation by [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[613],"class_list":["post-257395","post","type-post","status-publish","format-standard","hentry","category-news","tag-libya"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Exclusive: Alleged Corruption Suspicions Surround LYD 45 Million Project to Purchase Headquarters for the Export Development Authority - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/exclusive-alleged-corruption-suspicions-surround-lyd-45-million-project-to-purchase-headquarters-for-the-export-development-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive: Alleged Corruption Suspicions Surround LYD 45 Million Project to Purchase Headquarters for the Export Development Authority - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"Our source reported that it obtained details of an investment contract for the purchase of a building on behalf of the Libyan Export Development Authority. According to the report, the contract was signed by the Authority\u2019s chairman, Mohamed Al-Hangari, with a total value of 45 million Libyan dinars. 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