Saturday, July 5, 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

Libyan Bank Manager Detained For Embezzlement

February 8, 2022
Share on FacebookShare on Twitter

Libya’s Attorney General has ordered the detainment of the branch manager of the Sahara Bank in Derna, and his assistant on charges of embezzlement of 87 thousand Libyan dinars, it said in a statement on Monday.

The statement added that the Deputy Attorney General was leading the investigation. It was discovered that they had collected a sum of $11,000 dollars using direct debit visa cards, financed by the bank’s customers.

The Public Prosecutor’s Office ordered the defendants to be held in pretrial detention, pending the case, and for legal measures to be taken against them.

On 12 January, the Public Prosecution remanded six employees of the Jumhouria Bank-Zuwara branch, on charges of embezzling €600,000 euros from the bank.

The Public Prosecution Office said in a statement that “the prosecution conducted an investigation with the bank manager, the former manager, the head of the treasury department, and three employees of the bank.”

“The Public Prosecution Office of Al-Ajeilat has started investigating procedures with the accused in the case of embezzlement of a sum of €600,000 euros, which was deposited in the bank’s treasury. The prosecution proved the embezzlement of the amount, and substituting them with counterfeit banknotes,” the statement added.

“The current manager of the bank was charged with failing to report to the authorities. The former manager and four other employees were also charged with embezzlement,” it concluded.

In December, the Public Prosecution also remanded a Jumhouria Bank employee, after allegations arose that she embezzled 1.8 million Libyan dinars from a client’s bank account.

The Public Prosecution said in a statement on Wednesday that it had conducted an investigation into the incident, and identified the persons authorised to access the bank’s system.

“It has been proven that one of the bank’s employees embezzled the money, disguised its source by transferring it to bank accounts belonging to her relatives, and then withdrew it in cash,” the Public Prosecution said in a statement.

The Public Prosecution also interrogated a number of employees who allowed the accused access to the system login keys, and subsequently failed to inform the authorities of the incident. They also were detained pending investigation.

Tags: Al Siddiq al SourAttorney GeneralBank ManagerEmbezzlementlibyaLibyan Bank
Next Post

Libya-Greece Stress Invalidity of Turkish Maritime Agreement

POPULAR CATEGORIES

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

MUST READ

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

Will Libyan Parliament Ratify Maritime Border Deal with Turkey?

Led the Protests Against Dbaiba & Ended up Dead. Who is Abdul Moneim Al-Mariami?

US Official Urges End to Libya’s Prolonged Transition

Ageela Saleh & Egyptian President Dicsuss Libya’s Unity & Political Solution

Benghazi Set to Host Barcelona for Historic Friendly Match

EDITOR PICKS

Libya Launches First Air Quality Monitoring Station in Kufra

Benghazi Set to Host Barcelona for Historic Friendly Match

UN Demands Full Inquiry Into Death of Libyan Activist in Detention

Ageela Saleh & Egyptian President Dicsuss Libya’s Unity & Political Solution

Led the Protests Against Dbaiba & Ended up Dead. Who is Abdul Moneim Al-Mariami?

Italy Strengthens Tech Exports to Libya

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

© 2024 LR

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

© 2024 LR