No Result
View All Result
Tuesday, March 17, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Two convicted for stealing Central Bank of Libya funds worth over US$ 128 million

bySami Zaptia
October 14, 2023
Reading Time: 3 mins read
A A
Attorney General orders arrests at Jumhouria bank branch for embezzlement

(Logo: Libya's Attorney General)

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.

 

Pretrial detention of former Sahara Bank officials in LD 70 million hard currency fraud (libyaherald.com)

RELATED POSTS

CBL to abolish tax on foreign exchange sales and tax on foreign exchange personal allowance to a rate of 6.37 dinars to the dollar

CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

Bank director conspired with criminal gang in defrauding Food and Drug Control Centre (libyaherald.com)

Alahlia Cement Company CEO, board members imprisoned for LD 1.5 million fraud (libyaherald.com)

CBL Governor calls on Attorney General to stop continuous drain of inflated and mismanaged overseas state health costs (libyaherald.com)

Attorney General evaluates first results of review into Libyan citizen’s civil status, auditing residence records and births, deaths and marriage registration (libyaherald.com)

Attorney General orders arrest of company’s representative for importing banned GM corn (libyaherald.com)

Attorney General takes measures to combat Zawia refinery fuel smuggling through security apparatus (libyaherald.com)

Attorney General detains former Libyan diplomat at Egyptian embassy for misappropriating ‘‘millions’’ of pounds (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 employees at Libyan embassy in Turkey for embezzling through a maintenance contract (libyaherald.com)

Attorney General orders detention of Financial Controller at Libyan embassy in Morocco (libyaherald.com)

Attorney General orders arrest of Bank of Commerce and Development employee in Benghazi for LD 12 million fraud (libyaherald.com)

Attorney General orders detention of Jumhouria Bank staff for embezzlement (libyaherald.com)

Attorney General orders detention of National Commercial Bank branch manager and staff for embezzlement (libyaherald.com)

Attorney General orders detention of three Airports Authority staff including the current and former heads (libyaherald.com)

Attorney General orders pretrial detention of former chairman of Libyana Mobile phone company and 3 board members for contracting infringements (libyaherald.com)

Attorney General orders pretrial detention of Sahara Bank Manager and employee for LD 2.6 million fraud (libyaherald.com)

Attorney General orders pretrial detention of Libya’s head of diplomatic mission in Uganda for misappropriating over US$ 1 million (libyaherald.com)

Pretrial arrest ordered for Financial Controller at Libya’s South Africa embassy – head of mission and his predecessor wanted for defrauding tens of thousands (libyaherald.com)

Pretrial detention of three former heads of Libyan mission in Ukraine for corruption for ‘‘hundreds of thousands’’ in hard currency (libyaherald.com)

Pretrial arrest ordered for the three top managers at Shwerif hospital for LD 3.5 million fraud (libyaherald.com)

Pretrial detention ordered of two Libyan diplomats in Qatar for fraud

Tripoli Tax Authority Director put in pretrial detention pending investigation into LD 250,000 public funds fraud (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)

 

Tags: AG Attorney General PPO Public Prosecutors OfficeCBL Central Bank of LibyaSirte

Related Posts

Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges
Libya

Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

March 15, 2026
Mellitah Oil and Gas launches its tree planting campaign at El-Feel oil field
Libya

Mellitah Oil and Gas launches its tree planting campaign at El-Feel oil field

March 14, 2026
ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

ACA continues to receive reports of abuse and corruption in public entities from whistleblowers on its Raqeeb website – reaffirms guarantee to protect informants’ identity

March 14, 2026
ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

Special Flights Authority former official sentenced to five years imprisonment and US$ 13 million fine for Antonov engines corruption

March 13, 2026
HoR condemns Serraj’s foreign intervention call
Libya

HoR Speaker Saleh cancels new import tax having previously claimed he had never agreed such a tax. Is Saleh’s position weakening? Report and analysis

March 13, 2026
HSC confirms conditional attendance of Paris conference
Libya

HSC‘s National Accord Bloc calls on relevant authorities to act against the ”corrupt and illegal” Arkenu Oil Company

March 13, 2026
Next Post
Turkey-Libyan trade agreement to remove tariffs on Libyan imports, prevent double taxation

Turkey-Libyan trade agreement to remove tariffs on Libyan imports, prevent double taxation

More Storm Daniel Turkish humanitarian aid to arrive in Libya – 850 tons sets off from Izmir by ship

More Storm Daniel Turkish humanitarian aid to arrive in Libya – 850 tons sets off from Izmir by ship

Top Stories

  • GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

    Aldabaiba reveals his new ministerial appointments – top posts of Interior, Oil and Gas, Foreign Affairs and Defence remain unchanged: Report and analysis

    0 shares
    Share 0 Tweet 0
  • Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

    0 shares
    Share 0 Tweet 0
  • BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy

    0 shares
    Share 0 Tweet 0
  • Tripoli government team holds further meeting with Boeing regarding the establishment of a new airliner

    0 shares
    Share 0 Tweet 0
  • CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy

Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.