No Result
View All Result
Tuesday, June 6, 2023
23 °c
Tripoli
22 ° Wed
22 ° Thu
24 ° Fri
26 ° Sat
  • 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

Tripoli Audit Bureau reverses bank freeze on 12 companies and individuals

bySami Zaptia
November 4, 2015
Reading Time: 1 min read
A A
13
SHARES
55
VIEWS
Share on FacebookShare on Twitter

By Libya Herald reporter.

The Tripoli-based Audit Bureau unfreezes bank accounts wrongly accused of currency smuggling, customs evasion and false documents.
The Tripoli-based Audit Bureau revokes bank accounts freeze after fraud probe

Tunis, 3 November 2015:

The Tripoli based Audit Bureau today reversed a freeze on the bank accounts of 12 . . .[restrict]companies and individuals previously  accused of FX smuggling, false documentation and customs duty evasion.

The freeze on bank accounts was announced in mid-October by virtue of Audit Bureau decree number 398/2015. Today’s Audit Bureau decree number 431/2015 unfreezes all the company accounts of the HB Group of companies associated with Husni Bey and his family.

In today’s decree the Audit Bureau stated that the banks accounts were being unfrozen after ”correcting their positions” and ”the correction of procedures”.

RELATED POSTS

Libya’s Audit Bureau signs cooperation agreement with its Spanish counterpart

Libyan state spent LD 162 bn and not LD 127 bn as claimed: Husni Bey

However, in a statement to Libya Herald, Husni Bey said that ‘‘The HB Group, Siran Pharma Co, Al Nakhlatein, their management and the Husni Bey family members have been fully cleared of the malicious charges mounted by criminals in public institutions”.

”The charges for fraud, smuggling and tax evasion and forgery in public documents were found to be maliciously planted by civil servants in the Audit Bureau’’, he added.

‘‘The management of the Audit Bureau have concluded that the charges were fabricated and today a decree and clearance were circulated for all to know what we never doubted. The HB Group of companies’ integrity and respect of the law is once more proven”.

It will be recalled that the action by the Audit Bureau is on the face of it supposed to be part of a wider move by it and the Central Bank of Libya to counter FX, customs duty and letter of credit fraud that was eating away at state revenues. [/restrict]

 
Tags: audit bureaucustoms dutyfeaturedFX smugglingHusni Bey
Share5Tweet3Share1

Related Posts

British Libyan Business Association and the Libyan Business Council sign MoU
Business

British Libyan Business Association and the Libyan Business Council sign MoU

June 5, 2023
Libyan Export Promotion Centre discusses with Italian Chamber export of olive oil, dates and tuna to Italy and Europe
Business

Libyan-Tunisia agricultural, marine and food sector B2B meetings – Tunis 19 to 20 June

June 5, 2023
Tripoli Chamber leading business delegation to Saudi on 22 August
Business

Tripoli Chamber leading business delegation to Saudi on 22 August

June 5, 2023
On National Information Technology Day, the mini-satellite project CubeSat was launched
Business

On National Information Technology Day, the mini-satellite project CubeSat was launched

June 4, 2023
Ministry of Industry provides support to the Industrial Research Centre
Business

Ministry of Industry provides support to the Industrial Research Centre

June 4, 2023
Benghazi Turkish Trade Exhibition postponed to 12-15 June
Business

Benghazi Turkish Trade Exhibition postponed to 12-15 June

June 3, 2023
Next Post

GNC condemns but does not name Tajouri's Tripoli Revolutionaries' Brigade

BREAKING: UNSMIL's Leon leaving after all

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • State recognised militia and Libyan Army clash in central Tripoli

    State recognised militia and Libyan Army clash in central Tripoli

    252 shares
    Share 101 Tweet 63
  • HB Group opens Apple authorised I-Shop reseller in Tripoli’s Siyahia

    74 shares
    Share 30 Tweet 19
  • Members of illegal organizations given imprisonment and death sentences by Misrata Criminal Court

    60 shares
    Share 24 Tweet 15
  • AMLY School is offering an innovative approach to learning in Libya

    57 shares
    Share 23 Tweet 14
  • Sirte Oil Company’s smart fields give it higher efficiency, more accurate real-time data for timely decisions

    52 shares
    Share 21 Tweet 13
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

British Libyan Business Association and the Libyan Business Council sign MoU

Libyan-Tunisia agricultural, marine and food sector B2B meetings – Tunis 19 to 20 June

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?