No Result
View All Result
Friday, March 6, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • 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 Libya

Audit Bureau takes first east-west reunification steps

bySami Zaptia
July 24, 2018
Reading Time: 2 mins read
A A

By Sami Zaptia.

371-Audit Bureau Tripoli

London, 24 July 2018:

The Tripoli and Beyda-based branches of Libya’s politically split Audit Bureau announced that they had held their first joint meeting in the eastern city of Beida yesterday.

The once unified Audit Bureau headquartered in Tripoli had split after the 2014 Tripoli militia coup, reflecting the political split of the country. The Beida Audit Bureau had pledged its loyalty and was accountable to the House of Representatives based in Tobruk. The original Audit Bureau remained in Tripoli recognizing whichever government controlled Tripoli since 2014.

RELATED POSTS

Audit Bureau celebrates 70th anniversary – launches with National Anti-Corruption Commission strategic partnership to tackle corruption

Op-Ed: Reputational Damage Is Worse Than Losing Money

The Audit Bureau is a state oversight and monitoring entity of state finances, not an executive entity.  It is accountable to the legislature and not the executive as it is supposed to monitor the executive’s disbursement of state money.

Two committees from the respective branches met in Beida with the aim of ‘‘realizing effective financial oversight aimed at securing public finances and in order to unify the efforts of the Audit Bureau’’.

The press release said that the following six points were agreed of the first joint meeting:

  1. The assurance that the Audit Bureau is a single entity.
  2. The unification of the next (2018) Annual Report. Since the division of the body, each branch has released its own annual report. The annual reports are a very important oversight and anti-corruption record of how state finances were spent the previous year.
  3. The creation of a unified operational plan for 2019.
  4. The establishment of direct communications between the two branches and their various departments for the achievement of better and faster oversight.
  5. The creation of joint domestic and overseas inspection and audit committee (to oversee Libyan embassies and investment entities abroad etc).
  6. The suggestion of unifying the organizational chart of the two Audit Bureau branches.

 

It will be indicative to see if the two technical branches are indeed allowed by their divided political master to achieve unification, and if so, who would the reunified entity be accountable to as the internationally-recognized parliament, the House of Representatives in Tobruk, has no traction in Tripoli.

It will also be recalled that the current internationally-agreed political road map for Libya, the Libyan Political Agreement (LPA), calls for the reunification of all Libya’s sovereign state institutions.

The announcement of the meeting of the two split Audit Bureau branches comes at a time when the whole LPA seems to be under threat as two eastern members of the Presidency Council/Government of National Accord announced their withdrawal from the PC/GNA and the LPA.

At the end of the Beida meeting, it was agreed to hold the next meeting in the capital Tripoli.

 

https://www.libyaherald.com/2018/07/24/gatrani-and-majbri-announce-withdrawal-of-cyrenaica-from-lpa/

 

https://www.libyaherald.com/2018/07/19/pc-member-majbri-suspends-membership-from-gna-until-real-political-and-security-reform-is-implemented/

 

Tags: audit bureaufeatured

Related Posts

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba continues to appoint new ministers despite political opposition to the legality of the process

March 5, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Former Culture Minister declared yesterday that she does not accept her sacking by PM Aldabaiba – today she is prevented from entering the ministry

March 4, 2026
Largest-ever Libyan government delegation to visit Washington first week of September
Libya

Libya needs unified institutions to restore economic vitality through UNSMIL’s efforts: Trumps Advisor Boulos

March 4, 2026
HoR condemns Serraj’s foreign intervention call
Libya

HoR members call for amendment of the HoR’s internal regulations – to check Ageela Saleh’s unilateral decision-making powers

March 3, 2026
Presidency Council objects to holding of south reconciliation event in Italy
Libya

As Tripoli PM Aldabaiba fills two vacant ministerial posts, Presidency Council expresses a split over the legality of their appointment

March 3, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

March 2, 2026
Next Post
General Electric lands Euro 33 m ‘direct contract’ for electricity maintenance work

General Electric lands Euro 33 m ‘direct contract’ for electricity maintenance work

Italian Defence Minister Trenta affirms support on reconciliation, health and illegal migration

Italian Defence Minister Trenta affirms support on reconciliation, health and illegal migration

Top Stories

  • Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    0 shares
    Share 0 Tweet 0
  • PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

    0 shares
    Share 0 Tweet 0
  • Is Libya’s judicial system on the verge of splitting?

    0 shares
    Share 0 Tweet 0
  • Libyan Embassy in Paris discusses French delegation visit to Libya and starting direct flights

    0 shares
    Share 0 Tweet 0
  • NDA launches construction of Sebha’s Rose Palace Hotel – implemented by Turkey’s Nova Global company

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
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

Second Deputy HoR Speaker Duma denies having chaired an HoR session during which the new tax law was passed

Libyan Export Promotion Authority explains policy to establish fishing boats factory

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.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

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

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.