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Libyan Oil and Gas Syndicate threatened to extend protest

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The Libyan Oil and Gas Syndicate announced on Wednesday a reduction in production across all fields due to the executive authorities’ refusal to increase the salaries of workers in the sector.

In its statemen, the syndicate threatened to escalate the situation, and extend its protest after its first deadline was ignored.

The syndicate clarified that it will exclude from the sit-in fuel and gas distribution stations, electricity generation stations, and other areas related to the lives of citizens. It added that the government is obligated to provide clarifications to the oil workers about its lack of response to the union’s statements.

In keeping with its 2020-2023 developmental plan, Libya acquires two newly manufactured oil tankers

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Libya’s General National Maritime Transport Company (GNMTC) announced last month the purchase of two newly minted oil tankers for the modernization of the country’s oil sector.

Both tankers carry the same high-end qualities of 14.5 knots in speed, the ability to carry 1.14 million tons of crude oil with a length of 249 meters and a width of 44 meters.

The oil tankers arrived in Libya in late February this year and officially joined the fleet for service for the first time.

BBC Documentary Reveals the Hunt for Gaddafi’s Billions

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A BBC documentary has revealed that the Libyan leader Muammar Gaddafi ruled with an iron fist for 42 years and treated Libya’s wealth as his own. He died the richest man on the planet with a fortune of $150 billion. 

Two journalists pick up the trail of a mysterious $12.5 billion in cash, flown out of Libya in the dead of night just months before Gaddafi’s demise.

In South Africa, they discover an eyewitness who seems to know all about the money.

His testimony changes everything, but before he can provide them with proof the story takes a sinister twist, the first of many.

One team on its trail – with eyes on a 10 per cent commission – included a “colourful arms dealer” called Johan Erasmus and a Tunisian businessman named Erik Goaied whose relationship to all this remained opaque until late in the film.

Goaied wore the haunted expression of a man who was in very, very deep.

But they were in a race against Taha Buishi, an “asset recovery agent” appointed by the new Libyan regime. It wasn’t long before Buishi vanished, only to re-emerge months later with an account of being kidnapped.

Another player was shot dead by Serbian hit men. It was that kind of story – the kind you’ve seen played out in fiction but rarely in real life.

The only sympathetic figure was Tito Maleka, veteran ANC head of security, who seemed to have some principles. He was the only one.

Copper wires stolen in western Libya

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The General Electricity Company of Libya (GECOL) announced on Tuesday the theft of high-pressure wires in western Libya.

According to the company’s statement, 1000 meters of copper wires in western Libya were stolen, causing the loss of supply to about three ground stations, a ready station, and ten antenna power transformers, adding that a further 1,050 meters of copper wires were also stolen from the Ali Al-Zuibi branch on the Majer line (1), from substation 220 in the central Zliten distribution department of the Al-Murqub Distribution Department.

Taha Bara meets German Ambassador to Libya

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  The director and founder of the Libyan Economic Salon, Dr. Taha Bara, met with the German Ambassador to Libya, Oliver Owcza, on Tuesday at the request of the German Ambassador, and by arrangement of the head of the Libyan General Union of Chambers of Commerce, Mohamed Raied, 

The meeting had been also attended by the German Deputy Ambassador to Libya, some Embassy staff members, Dr. Abubaker Abu Al Qasim and Osama Libirich.

The meeting discussed the Salon’s activities, recommendations and aspirations, particularly in the fields of energy and local governance. It also highlighted the public-private sector dialogue.

Middle East Eye says Libya peace process threatened by vote-buying allegations

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Middle East Eye (MEE), an independently funded online news organisation, reported on Tuesday that the political rival and UN weigh in after claims delegates offered up to $500,000 to elect interim prime minister-designate Abdul Hamid Dbeibah.

According to MEE, Abdul Hamid Dbeibah is calling for an investigation into the legitimacy of his win in last month’s UN-led peace talks following newly emerged bribery allegations.

Aquila Saleh, the Tripoli-based speaker of parliament who was also in the running to lead Libya, said investigations were being launched in light of media reports that alleged several participants in the Libyan Political Dialogue Forum (LPDF) were given hundreds of thousands of dollars each in bribes to vote for Dbeibah.

Aquila Saleh told MEE: ”If it is proven that votes were bought, this is a crime that cannot be ignored and its perpetrator cannot be allowed to benefit from it.”

According to AFP, in a report seen by the news agency on Sunday and set to be presented to the Security Council in March, UN experts found that during the Tunisia talks, two participants “offered bribes of between $150,000 to $200,000 to at least three LPDF participants if they committed to vote for Dbeibah as PM”.

In a passage of the report, the experts say that one delegate “erupted in anger in the lobby of the Four Seasons hotel in Tunis on hearing that some participants may have received up to… $500,000 for their Dbeibah votes, whereas he had only received $200,000”.

The report was prepared by UN experts tasked with examining breaches of an international arms embargo on the North African country, AFP said.

Dbeibah’s office has denied the allegations and said he was “monitoring attempts to undermine the process of forming a government and obstruct the process of approving it, by spreading rumours and false reports”.

Confusion over ‘UN expert report’

On Tuesday, the United Nations Support Mission in Libya (UNSMIL) issued a statement distancing itself from the latest saga in the peace process.

“With regard to media reports circulated about allegations of bribery during the Libyan Political Dialogue Forum (LPDF) in Tunisia, citing a ‘UN expert panel report,’ UNSMIL reiterates that the Panel of Experts (PoE) is a separate entity, completely independent from UNSMIL. The PoE provides its report to the Security Council Sanctions Committee,” it said.

The leaks and allegations that have thus far surfaced only cover day 1 of the LPDF series.

In light of the bribery allegations, Saleh said he had asked for the postponement of a parliament session scheduled for 8 March to approve the new interim government, according to MEE.

However, UNSMIL urged the House of Representatives in the city of Sirte to hold the session as scheduled.

“Following consultations with international partners, UNSMIL and its partners strongly encourage the HoR to meet as scheduled to discuss and consider the vote of confidence to the Cabinet to be proposed by the prime-minister designate,” it said.

“They encourage the PM-designate to present the line-up of the government without further delay. This call comes in line with the increasing public demand for the urgent need to form a unified government to address the most pressing needs and facilitate the holding of national elections in December 2021.”

Al-Bayda based CBL governor submits his resignation

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An official at the Central Bank confirmed on Tuesday to Tabadul that the Governor of the Central Bank in Al-Bayda (Eastern Region) Ali Al-Hebri has submitted his resignation due to several pressures represented in the public debt and a number of other issues and recent protests.

Al-Hebri requested the Speaker of the House of Representatives HoR to accept his resignation and recommended him for retirement due to the lack of funding and security protection.

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Sawan says the Libyan Islamic Bank has achieved what no bank in the world ever has

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Rashid Sawan, a founding member of the Libyan Islamic Bank said during a televised interview for WTV channel and Tabadul Platformthat the Libyan Islamic Bank has achieved what no bank in the world ever has.

According to him, one of the conflicts that the Bank is currently facing is the fact that some shareholders are trying to take over the Bank because of its success.

“In 2018, the bank achieved profits of LYD 29 million, with a net profit of LYD 17 million. In 2019, it achieved LYD 45 million, obtaining a net profit of LYD 13 million,” said Sawan, adding:” In 2020, the bank achieved LYD 48 million, with a net profit of LYD 20 million. Moreover, 7 branches were opened.”

Sawan added:” When you can convince flies that flowers are better than rubbish, then you are able to convince corrupt people that the homeland is more precious than the money.”