The Attorney General’s Office reported yesterday that the Investigating Authority has ordered the detention of the Director of the Documentary Credit Department and his Deputy at the Libyan Foreign Bank.
It revealed that in 2017, two officials in the Documentary Credit Department were accused of failing to comply with the requirements for managing a transaction involving the bank’s pledge to pay 32,421,000 euros to the Housing and Utilities Authority, pursuant to an order from the contracted enforcement agency.
The Public Prosecution conducted an investigation, identifying the elements of the damage to public funds and determining the responsibilities of the Director of the Department and his deputy. The investigator concluded their interrogation by ordering their pretrial detention pending investigation.
