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“The Audit Bureau’s report elevates to the level of criminal offences”

During “Flusna”, a television program broadcasted on WTV channel and Tabadul Platform, the Libyan  economist Al-Badri Shreha said that the Audit Bureau’s report for the year 2018 elevates to the level of criminal offences in the Economic Offences Act.

” A similar report would have triggered resignations and trials in another country, as well as scandals.” Shreha said. He was also surprised by the accuracy of the report.

It will be reminded that the report recommended that Al-Kabeer be referred to the Attorney General’s office for conducting actions that cause the government to fail, harm the economy and funds, exploit the job for private gain or for others, obstruct the Audit Bureau, conduct mediation and favoritism actions, and participate in the crimes of smuggling money abroad with the companies Qimma Al-Mawsama and Sunbulah Al-Hira.

The report stated that only 2,487 transactions worth 1.8 billion dollars were executed out of 6221 transactions worth 4.8 billion dollars, or 37 percent, of the transactions submitted by the committee. By comparing the number with what was stated in the Central Bank statement published on January 4, 2017, in which it was stated that it carried out coverage for commercial banks at a value of $ 5 billion and that there are 2159 transactions worth $ 1.6 billion related to the Budget Committee under implementation, indicating that the appropriations covered during the whole of 2017 do not exceed 328 transactions worth $ 200 million.

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