The Attorney General’s Office reported today that the Public Prosecution has ordered the detention of the former Director of the National Commercial Bank’s Branches Department (Tripoli), the head of the Credit Office and his deputy, the head of the Marketing Office within the Branches Department, the former Assistant Manager of the National Commercial Bank’s Al-Mina Branch, and the head of the Credit Section at that branch.
The Attorney General’s Office said an investigation by the Public Prosecution established that the accused had authorized the granting of a credit facility worth €1,150,000 in violation of the rules and regulations governing the disbursement of funds, and without the tangible collateral required to guarantee repayment.
The banking transactions carried out resulted in instances of illicit gain.
Consequently, the Public Prosecution ordered the pre-trial detention of all six accused individuals, issued an order to apprehend the beneficiary of the credit facility, and initiated measures to recover the benefits obtained in violation of the law.