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Head of the General Union of Chambers says a Turkish company costs the Libyan economy huge amounts

During a televised interview for Libyan WTV channel and Tabadul Platform, member of the House of Representatives (HoR) and head of the Libyan General Union of Chambers of Commerce, Mohammed Al-Raied, has accused managers of the customs, including Mustafa Al-Tarjuman, of  signing of a contract in 2015 to pass the cargo tracking note system with a Turkish company, the thing that enables the customs to obtain funds outside of Libya.

Al-Raied added that this issue harms the Libyan economy by spending about 100 million to 150 million euros that would have been paid from the parallel market.

He also pointed out that the Customs Authority entered into a contract, in 2015, with an unknown foreign company called “Intissar Africa”, without obtaining an approval neither from the Ministry of Finance nor from the Prime Minister, stressing that it costs the Libyan economy a huge amount surpassing £150 million annually.

“This enables the Customs Authority to acquire hard currency abroadThis hard currency is shared between the company and the customs,” he said.

Al-Raied said that the Turkish company has nothing to do with the commodity or its price or value, stressing that it was launched only for “business.”

He explained that the Turkish company had contracted with states facing many issues, such as Iraq and some African countries, adding that it doesn’t know about the quality of the goods.

Al-Raied reminded that we are facing an issue regarding the shipping price as a result of the Coronavirus epidemic.

According to him, we have been also facing a failure in opening the letters of credits since August until the half of the month.

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