Mon. Jul 8th, 2024

The Libyan Public Prosecution revealed on Friday the seizure of public money at the Republic Bank, Raqdalin branch, worth one million and 696 thousand Libyan dinars.

A statement issued by the Attorney General’s Office, published on its Facebook page, explained that this theft was carried out using forged bank instruments.

According to the prosecution’s investigation, the branch’s account management contractors were involved in passing false statements of dues falsely attributed to components of the Ministry of Defense.

They then authorized the deduction of the corresponding amounts of money and entered them into transfers to accounts, some of which belonged to their relatives.

The investigations revealed the involvement of a former director of the branch, his successor, the accounting officer and another conspirator in obtaining funds illegally, and based on these results, the Public Prosecution decided to detain them pending investigation.

This comes as part of ongoing efforts to combat corruption and preserve public funds in the country, where financial institutions are facing significant challenges related to integrity and transparency.

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