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The Sunday Times : Scottish companies linked to £5bn Libya fraud

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The Sunday Times reported that an alleged £5 billion fraud linked to a former Libyan government official included a web of Scottish companies and more than 90 bank accounts, according to leaked documents that reveal the scale of a Police Scotland operation.

Details of the six-year investigation — code-named Adelanter — were laid out in a briefing by Scottish police shared with Libyan authorities in 2018.

They reveal that a single Scottish company was awarded contracts worth £150 million by government agencies in Libya, including the Organisation for Development of Administrative Centres, tasked with developing infrastructure.

Between 1989 and 2011, it was headed by Ali Dabaiba, 74, a Gaddafi-era government official who was accused of inflating the cost of construction projects and awarding tenders to companies he was connected with.

Libya’s NOC published February oil revenues

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The National Oil Corporation (NOC) announced that the general revenue obtained from the sales of crude oil and its derivatives in February amounted to US$ 1,235,710,353.98, which were deposited into the account of the National Oil Corporation at the Libyan Foreign Bank in Tripoli, in line with the temporary arrangements in force that ended with the formation of the government of national unity, which won the confidence recently.

The NOC also announced that “the cumulative total of oil revenues withheld since the lifting of the status of force majeure until the date of March 10, 2021, amounted to US$ 7,767,439,801.73 including the rights of partners and the rights of NOC but do not include royalties and taxes.”

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Libya’s new Prime Minister suspends the activities of the Anti-Corona Committee

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Libya’s new Prime Minister Abdul Hamid Dbeibeh issued a statement on Sunday cancelingal Fayez Al-Sarraj’s decision on the formation of the Anti-Corona Committee headed by Khalifa al-Bakoush, al-Najjar and others.

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On Saturday, Dbeibeh pledged to provide vaccines against the coronavirus pandemic at the earliest possible time.

“The vaccine will be provided to Libyan citizens, foreign residents and migrants,” Dbeibeh said as he attended an event on COVID-19 in the capital Tripoli.

“Wearing masks will be mandatory. This is the least thing we can do in our effort to curb the virus,” Dbeibeh added in a statement issued by his office.

Libya avoids losing 1.365 Egyptian pounds in two separate cases

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The Cases Department of the Supreme Judicial Council reported on Sunday that it has avoided a loss of about 1.365 million Egyptian pounds by successfully defending two cases in Egypt.

The first case was a claim for about one million Egyptian pounds in compensation demanded by an Egyptian citizen, alleging that he had been caused material and moral damage as a result of his arrest, imprisonment, beatings and seizure of his money while he was in Libya until 2013. The Egyptian court stated that it was not competent to hear the case, obliging the claimant to pay the expenses of the defendant.

The second case, estimated at about 365,000 Egyptian pounds, was in the administrative seizure case on the funds of the Libyan state at some banks and other bodies in Egypt. The Cairo Court of Appeal rejected the seizure and obligated the Egyptian side to pay expenses and attorney fees.

CBL Governor, Turkish ambassador to Libya discuss joint cooperation

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The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, held a meeting on Sunday at the bank’s headquarters in Tripoli, with the new Turkish ambassador to Libya, Kenan Yılmaz.

During the meeting, both sides discussed the exchange of vast experiences and skills in the fields of banking and finance between both countries.

The also highlighted the economic situation and methods to develop joint cooperation, in addition to exchanging skilled expertise and experiences between both countries in the fields of banking and finance.

Libya, UK seek stronger economic partnership

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The UK ambassador to Libya, Nicholas Hopton, on Thursday, discussed with Mustafa Sanalla, Chief of the National Oil Corporation (NOC) economic partnership and ways to promote cooperation in a range of fields.

A statement by the NOC on Facebook said that the meeting, which took place at the NOC’s HQ, dealt with ways to strengthen connections with British business partners, deepen ties between the UK and Libya in the oil and gas field, and benefit from British expertise.

The British Prime Minister’s Trade Envoy to Libya, Damian Moore, conveyed during a virtual meeting with Sanallah last December his government’s desire to establish new economic and trade partnerships with several countries, including Libya, “with which it has excellent relations,” indicating that the UK values highly the opportunity granted to the British companies by the NOC in this regard.

Libyan Customs Authority urges maritime customs centers to activate ECTN system

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The Libyan Customs Authority has called on the heads of its maritime customs centers to the necessity of working with what is known as the Electronic Cargo Tracking Note (ECTN) system, stressing the importance of compliance with the decision.

It called on all members of the Advance Information Operations Room to take notes on shipping agencies or the maritime carrier who are not committed to the ECTN system, and to inform the concerned operations room.

Five Libyan women were appointed among 33 government posts

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The names of ministers in the interim Libyan government formed by Prime Minister Abdul Hamid Dbeibeh were publicly released on Thursday.

The ministers in the National Unity Government were determined by the population density of Libya’s three main regions; Tripolitania in the west, Barqa in the east, and Fezzan in the south, according to the list published by the House of Representatives.

Najla El Mangoush from the east was appointed the country’s first female foreign minister.

El Mangoush, with nearly 15 years of experience, has worked in different international organizations. She has been living in the US since 2012.

Dbeibeh would act as defense minister in the new Cabinet, while Khaled Tijani Mazen was nominated as interior minister to represent the southern region.

Mazen had held the post of deputy interior minister in the former government.

Dbeibeh named Khaled Al-Mabrouk Abdullah from the south as finance minister, while Muhammad Ahmad Muhammad Aoun was appointed oil and gas minister to represent the west.

Five women were appointed among 33 government posts, including ministers of justice, culture, social affairs and state for women affairs.

In a majority vote, Libya’s parliament granted a vote of confidence to Dbeibeh’s new unity government on Wednesday with 132 votes of the 133 lawmakers who attended the session.

Dbeibeh proposed a unity government of 27 members on Saturday, promising that it would prioritize “improving services, unifying state institutions and ending the transitional period by holding elections.”

Dbeibeh described the vote of confidence as a “historical moment” and pledged to end the war in Libya.