Tripoli Criminal Court convicts former Manager of the Accounts Department at Commerce and Development Bank for‎ LD 12.3 million fraud

SZ-12/02/25

‎The Attorney General’s Office reported yesterday that Tripoli Criminal Court convicted a former Manager of the Accounts Department at the main branch of the Commerce and Development Bank.‎

‎ The Attorney General’s Office revealed that the Public Prosecution instituted a criminal case against the Accounts Manager at the bank branch after proving that he had committed the act of seizing LD 12.3 million.

He achieved this by liquidating certified cheques received by the branch for the benefit of public authorities, interests and companies. He then entered the corresponding financial values into an internal transfer loop that he managed through thirty bank accounts

Then the Tripoli Criminal Court ruled to convict the accused and imposed a prison sentence of eleven years and fined him LD 22.3 million.