The Attorney General’s Office reported Thursday that Misrata Criminal Court issued a ruling convicting two people who belonged to an organization established for the purpose of seizing funds from the Central Bank of Libya’s Sirte branch.
The Attorney General’s Office revealed that the arrested persons conspired with members of the organization to develop a plan to seize US$ 128 million and € 5 million from the bank’s funds in 2013 through coercion.
Found guilty, one person was sentenced to 15 years in prison, fined LD 2.5 million and permanently deprived of his civil rights. The second person was sentenced to imprisonment for 13 years. He was fined LD 50,000 and permanently deprived of his civil rights.
Alahlia Cement Company CEO, board members imprisoned for LD 1.5 million fraud (libyaherald.com)
Attorney General orders the arrest of suspects in Man-Made River pipes crimes (libyaherald.com)
Attorney General orders detention of Sahara bank Deputy Manager for embezzlement (libyaherald.com)
Attorney General orders arrest of six Wahda Bank employees for fraud (libyaherald.com)
Attorney General orders detention of Jumhouria Bank staff for embezzlement (libyaherald.com)
Attorney General reviews cases and investigations in lengthy press conference (libyaherald.com)
Attorney General to investigates bakery use of banned potassium bromate in bread (libyaherald.com)