Friday, July 4, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Head of Libyan African Investments Company Arrested

September 28, 2021
Share on FacebookShare on Twitter

The former CEO of Plaza Ledger hotel, and Head of the Libyan African Investments Company “LAICO,” Ziad Zarzour has been arrested in Bangui, the capital of Central African Republic, according to a 218 News source.

The source added that Zarzour was placed under house arrest, and had his passport confiscated.

The Plaza Ledger hotel is owned the Libyan Arab African Investment Company (LAAICO), which has previously accused Zarzour of exploiting the Libyan crisis in order to register the company’s subsidiary ‘Centrafrique’ in his name.

Previous reports show that he had seized the hotel in collaboration with the parties that overturned power in Central Africa in 2014. This comes amid corruption scandals regarding the hotel’s financial dealings.

According to the 218 News, one of Zarzour’s guards, and the Director of the hotel, Reims Ben Salem were also detained. It added that the hotel’s administrative and financial director, who tried to escape from the authorities, also had his passport confiscated.

Notably, LAICO is an economic development agency based in Tripoli, Libya. Established in 1990, the agency focuses on hotels, real estate, industry, agriculture, trade and mining, and telecommunications sectors. It aims to generate revenues by promoting inter-African trade, and the exchange of technology investments in economically viable projects. The assets are managed by the executive management team.

  • Tunisia Excludes Libyan Travelers from Mandatory Hotel Quarantine
Tags: African InvestmentsBanguiCEOlibyaZiad Zarzour
Next Post

Turkish Aircrafts Heading To Western Libya

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Foreign-Led Human Trafficking Ring Arrested in Libya

Libya Expands Economic Ties with Chinese Industry Giants

Will Tobruk Become China’s New Access Point to Europe & Africa?

Libya Plans First Oil Auction in 18 Years

Libyan Government Signs Multi-Sector Deals with Belarus

EU Migration Chief Plans Urgent Libya Visit

EDITOR PICKS

Libyan PM Osama Hammad Opens Libya’s Consulate in Minsk

Greek Foreign Minister Rejects Political Bidding Over Libya

Türkiye Accuses EU of Bias Over Libya Maritime Deal

Will Tobruk Become China’s New Access Point to Europe & Africa?

UNSMIL Launches Youth Participation Initiative for Political Talks

Libya Launches Emergency Fire Response Coordination

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR