No Result
View All Result
Monday, October 2, 2023
24 °c
Tripoli
24 ° Tue
24 ° Wed
24 ° Thu
24 ° Fri
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Audit Bureau freezes 160 bank accounts amid currency smuggling, fraud and duty evasion claims

bySami Zaptia
October 16, 2015
Reading Time: 1 min read
A A
Audit Bureau freezes 160 bank accounts amid currency smuggling, fraud and duty evasion claims
13
SHARES
55
VIEWS
Share on FacebookShare on Twitter

By Libya Herald reporter.

The Tripoli-based Audit Bureau freezes bank accounts for currency smuggling, customs evasion and false documents.
The Tripoli-based Audit Bureau freezes bank accounts for currency smuggling, customs evasion and false documents.

Tunis, 15 October 2015:

Libya’s Tripoli-based Audit Bureau has issued a ruling  freezing the bank accounts of 160 companies . . .[restrict]and individuals variously accused of smuggling foreign currency, falsifying official documents and evading customs duties. Eight customs clearance offices were also banned from operating.

The listed individuals and companies were this week prohibited from opening any new bank accounts without the prior approval of the Audit Bureau.

Amongst the individuals listed were 5 members of the Husni Bey family.

RELATED POSTS

CBL publishes latest revenues and spending figures from 1 January to 31 August 2023

Bina Entrepreneurship Incubator and the Institute of Banking Studies train banking experts in finance of SMEs

When contacted, Husni Bey told Libya Herald that he was ‘’surprised that companies with 2,500 employees have their work and assets frozen without an investigation by the Audit Bureau. We assure that neither the company nor its management have ever been charged or investigated’’, he stressed.

‘’The allegations are absolutely unfounded and neither management nor companies have ever breached any laws. This is not the way to build private enterprise and confidence. Unfortunately by next month we will have 2,500 more jobless Libyans’’, Husni Bey concluded.

This move by the Audit Bureau comes as part of a wider effort by it and by the Central Bank of Libya to counter corruption and the smuggling of Libya’s foreign currency through the opening of false Letters of Credit or the transfer of money abroad without importing goods in return. [/restrict]

 
Tags: audit bureauCBL Central Bank of Libyacorruptionfeaturedforeign currency smugglingFXimportationLetters of Credit
Share5Tweet3Share1

Related Posts

Libyan Airports Authority head visits London International Security Exhibition
Business

Libyan Airports Authority head visits London International Security Exhibition

October 1, 2023
On the day of first direct Tripoli to Rome flight, MoU signed between Libyan Civil Aviation and its Italian counterpart
Business

On the day of first direct Tripoli to Rome flight, MoU signed between Libyan Civil Aviation and its Italian counterpart

October 1, 2023
Italian jewellery show: Tripoli Old City 1 to 14 October
Business

Italian jewellery show: Tripoli Old City 1 to 14 October

October 1, 2023
As U.S. calls for unified east-west Libyan effort, eastern Libyan government postpones Derna reconstruction conference to November
Business

As U.S. calls for unified east-west Libyan effort, eastern Libyan government postpones Derna reconstruction conference to November

October 1, 2023
Qatar Civil Aviation to conduct Libyan airports inspection in October, signs MoU with Libyan counterpart
Business

Qatar Civil Aviation to conduct Libyan airports inspection in October, signs MoU with Libyan counterpart

September 29, 2023
Facilities Security Authority meets Russian and Italian ambassadors – discusses training and provision of security to returning companies
Business

Facilities Security Authority meets Russian and Italian ambassadors – discusses training and provision of security to returning companies

September 28, 2023
Next Post

Media freedom study damns Libya’s “repressive” legal framework

Air force hits naval patrol vessel in error: report

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Direct flights from Tripoli to Rome to resume on Saturday

    Direct flights from Tripoli to Rome to resume on Saturday

    87 shares
    Share 37 Tweet 21
  • Internal Security arrests NOC Chairman’s Office Manager for corruption in supply of medicines for Derna and its environs

    64 shares
    Share 26 Tweet 16
  • Qatar Civil Aviation to conduct Libyan airports inspection in October, signs MoU with Libyan counterpart

    50 shares
    Share 20 Tweet 13
  • Italian Cabinet gives green light for a state of emergency to intervene in Libya, allocates € 5 million

    49 shares
    Share 20 Tweet 12
  • Tripoli Minister of Health meets Russian ambassador, discusses localisation of healthcare

    65 shares
    Share 43 Tweet 9
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Libyan Airports Authority head visits London International Security Exhibition

On the day of first direct Tripoli to Rome flight, MoU signed between Libyan Civil Aviation and its Italian counterpart

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?