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Home Libya

Former National Commercial Bank managers convicted for LD 4.3 million embezzlement

bySami Zaptia
December 22, 2025
Reading Time: 1 min read
A A
Attorney General orders arrests at Jumhouria bank branch for embezzlement

(Logo: Libya's Attorney General)

The Attorney General’s Office reported yesterday that the Criminal Court issued a verdict convicting a former Assistant to the Treasury Manager at the Shahat branch of the National Commercial Bank, and a former head of the Current Accounts Department at the same branch.

The Public Prosecutor’s Office brought charges against the two defendants for embezzling public funds using forged bank cheques. The Beida Court of Appeal, in its final session, convicted them both.

The first defendant was sentenced to eight years in prison, fined 3,000 dinars, and ordered to pay 4.3 million dinars in compensation for the damages inflicted on public funds. The second defendant was sentenced to four years in prison and fined 231,000 dinars. Both defendants were also deprived of their civil rights for the duration of their sentences and for one year following their release.

RELATED POSTS

Tripoli Court of Appeal convicts defendant to eight years imprisonment for embezzling LD 13.7 million from the General Company for Post and Telecoms

Tripoli Criminal Court convicts five Waha bank employees for LD 131 million corruption

Tags: AG Attorney General PPO Public Prosecutors Officebribery fraud corruption embezzlement

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