The Libyan Public Prosecutor’s Office has ordered the detention of the head of the Libyan Foreign Investment Company’s office in Morocco, along with the company’s services and technical affairs officials, on charges related to financial corruption and the misappropriation of public funds.
According to a statement issued by the Public Prosecutor’s Office, investigations conducted by the Deputy Prosecutor revealed “deviations by the accused from the requirements of their assigned duties.” The evidence gathered by investigators was based on several incidents, including:
- The accused disbursed funds for fictitious employment contracts without assigning any actual tasks to the contractors.
- The neglect of collecting rental dues for company-owned properties, resulting in the deprivation of due revenues from the public treasury.
Investigators concluded that these actions constitute clear violations of public funds management rules, therefore, the Public Prosecutor’s Office issued a decision to detain the accused in custody pending further investigation.