The Minister of Planning and Finance of the Libyan government, Oussama Hammad, demanded in a statement today, Saturday, the Attorney General and the heads of the supervisory bodies, the Administrative Control Authority, the Audit Bureau and the Anti-Corruption Authority, to stop transferring billions of dollars of oil revenues to the account of the Ministry of Finance in the Government of National Unity.
Oussama Hammad said that the National Oil Corporation’s transfer of 6 billion dollars in oil revenues to the account of the Ministry of Finance of the National Unity Government with the Central Bank of Libya is against the law and all instructions issued by the competent authorities, expressing his surprise at the lack of instructions issued by the Speaker of the House of Representatives, Aqila Saleh, to the Chairman of the Directors Board of the National Oil Corporation, Mustafa Sanalla, regarding the necessity of keeping the revenues generated from the sale of oil in the institution’s sovereign accounts with the Libyan Foreign Bank and not referring them to the general revenue account until the adoption of the budget law.
The Minister of Planning and Finance of the Libyan government headed by Fathi Bashagha, held the full responsibility to the National Oil Corporation and the Central Bank for their taking these measures that violate the law and the distortions that will result in a disorder in the national economy and unjustly spending, and it would have been better for these institutions to distance themselves from using their position in political conflicts or for the gain of a political party.
Hammad stressed the need to establish the principle of accountability for everyone who committed a crime that would harm public money, and the need to confront these acts, punish their perpetrators, and take all necessary legal measures to preserve the wealth of Libyans and to ensure the continuation of state building, achieving stability, and embarking on the construction and reconstruction phase.