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“The Libyan Audit Bureau should ratify the 2015 Skhirat Agreement”— Taha Bara

During “Flusna”, a television programme broadcasted on WTV channel and Tabadul Platform, the legal expert Taha Baara confirmed that the Libyan Audit bureau has made a transition from the legal to the technical issue in dealing with the matter of auditing.

“If we want to enforce the law, then we should enforce it as one single cluster,” he stressed, citing the need to know the Audit bureau’s view concerning the 2015 Skhirat Agreement only if it is genuinely interested in implementing the law.

If the Libyan audit Bureau is really satisfied with the legitimacy of the political agreement, it must be also convinced of external oversight and audit through chapters acknowledging that it is a legal agreement — such as a Constitutional Declaration for Libya, accordingly, all State Organs have been founded.—

The Libyan Audit bureau must be convinced of the legitimacy of external auditing as well, under Chapter Seven of Article (56), which states that the Government of National Accord may request the Security Council to issue a resolution that endorses this Agreement and supports its implementation, especially in relation to the provision of necessary international assistance to implement it.

The expert also recommended that the Libyan Audit Bureau should ratify the Libyan Political agreement, considering that the external oversight is provided for by the international and national law.

“Previously, the head of the Audit Bureau, Khaled Shakshak, said that the inapplicability of domestic law to the idea of external review is the reason behind the suspension of the external review process. Based on the Banking Law as well as the executive regulation of the Bureau’s Law, foreign companies may not consult the accounts of the Central Bank of Libya.” Said Bara


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