Our source exclusively obtained a copy of the Libyan Audit Bureau’s report for the 2025 fiscal year, specifically the report on the findings of the examination and review of the accounts of the Customs Authority. The report revealed clear breaches and violations in the sector’s internal control system and identified a series of serious legal and financial violations that weakened oversight of public funds within the authority.<\/p>\n\n\n\n
According to the report:<\/p>\n\n\n\n
Weak Internal Audit:<\/strong> The work of the Audit Office was limited to documentary and accounting reviews, without evaluating internal control systems or conducting surprise inspections of cash safes and warehouses to reduce recurring errors.<\/p>\n\n\n\n The report also mentioned payments made without supporting documentation<\/strong>, noting the absence of supporting documents for some payment authorizations, in violation of Articles (99\u2013100) of the Budget, Accounts, and Warehouses Regulations.<\/p>\n\n\n\n Violation of Financial Law:<\/strong> The authority made payments to entities with independent legal and financial status, in explicit violation of Article (24) of the Financial System Law.<\/p>\n\n\n\n It also noted neglect of financial records and disclosure requirements<\/strong>, as the financial controller failed to make entries in the authorization register, while the authority failed to maintain essential records such as the Deposits and Trusts register, Commitments register, Advances register, and Letters of Guarantee register<\/strong>.<\/p>\n\n\n\n The report also highlighted delays in settling outstanding checks<\/strong>, noting that checks that had exceeded their legally permitted validity period were not cancelled, reflecting shortcomings in settling outstanding accounts between the authority and the bank.<\/p>\n\n\n\n It further noted the absence of an asset inventory<\/strong>, as the authority failed to maintain a dedicated register for recording and updating its fixed assets and tracking additions or disposals.<\/p>\n\n\n\n According to the report, there were also payments of bonuses without documented evidence of completed work<\/strong>, with financial bonuses repeatedly paid to certain employees without specifying the work performed or issuing duly justified payment decisions, in accordance with Article (129) of the Executive Regulations of Law No. 12 of 2010 on Labor Relations.<\/p>\n","protected":false},"excerpt":{"rendered":" Our source exclusively obtained a copy of the Libyan Audit Bureau’s report for the 2025 fiscal year, specifically the report on the findings of the examination and review of the accounts of the Customs Authority. The report revealed clear breaches and violations in the sector’s internal control system and identified a series of serious legal […]<\/p>\n","protected":false},"author":13,"featured_media":257628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[613],"class_list":["post-257617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-libya"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257617","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=257617"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257617\/revisions"}],"predecessor-version":[{"id":257629,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/257617\/revisions\/257629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/257628"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=257617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=257617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=257617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}