The Attorney General’s Office reported yesterday that the investigating authority has ordered the detention of the Director General of the state Libyan Post, Telecommunications and Information Technology Holding Company (LPTIC) and the company’s Director of Finance.
The Deputy Prosecutor at the Attorney General’s Office addressed an incident of financial mismanagement within the company. The investigator determined that there was sufficient evidence to suggest the two officials had engaged in conduct contrary to the rules and regulations governing the management of public funds.
Specifically, they had deliberately disbursed $137,000 and £86,000 from a bank account in which they were not authorized to manage the funds, without providing any justification for the disbursements.
Consequently, the Public Prosecutor’s Office ordered the pretrial detention of the two accused pending further investigation.
