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Tripoli Audit Bureau suspends Libya’s Local Investment Fund Manager

The head of the Libyan Audit Bureau, Khaled Shakshak, suspended the CEO of the Libyan Local Fund for Investment Bader Ben-Othman as a result of conflicts of interests and independence in the tasks he occupies.

Decision No. 661 of 15 December 2019, adopted by the Head of the Libyan Audit Bureau, clarified that Othman occupies the post of a Member of the Board of the Libyan Local Fund Investment and a member of the Board of Sea Tower.

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Bashagha ready for investigation

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Central Bank statement: “The expenditures of the Ministry of Education exceeded 104 million dinars during the first four months of 2022”

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