Al-Thinni Stresses Need to Preserve LIA Funds


On Monday, the Prime Minister of the eastern-based Interim Government Abdullah Al-Thinni emphasized the need to preserve the funds of the Libyan Investment Authority (LIA).

Al-Thinni’s remarks came during a meeting with the chairman of the LIA, Abdul-Magid Breish, at the Prime Minister’s Office in Benghazi.

Al-Thinni stressed the need to monitor the LIA’s investments in the country, as well as the need for transparency in its annual losses as a result of the institution’s illegitimate assets and revenues.

He referred to the necessity for the institution’s Board of Directors to adopt critical measures to punish anyone who has stolen or misused funds.