Libya’s Audit Bureau Exposes Financial Irregularities in 2022 Report


Libya’s Audit Bureau has uncovered a series of financial violations within the Cabinet Office of the Government of National Unity (GNU), in a recently released report for the year 2022. These transgressions have resulted in significant mismanagement of the state’s finances.

Among the infractions highlighted in the report, is the Cabinet’s failure to establish an approved organizational structure and staff roster.

Furthermore, it has been found that there was an excess of spending in various areas during the fiscal year. This included extravagant expenditures on domestic and international hotel stays, travel tickets, official missions, and aircraft rentals for individuals who lacked any official connection to the Cabinet Office.

Some of these individuals were discovered to have affiliations with entirely separate budget-independent entities.

Additionally, the Audit Bureau identified the untimely submission of financial transactions for post-audit review. This practice is in direct violation of legal provisions, such as Law No. 24 of 2013, which was subsequently amended by Law No. 19 of 2013, concerning the reorganization of the Audit Bureau.

A series of missteps within the Defense Ministry were also unveiled by the Audit Bureau. For instance, it was revealed that substantial sums of money have remained unclaimed in bank accounts, as evidenced by financial reconciliation records dating back several years, without the necessary legal actions being taken. This contravenes established legal provisions.

According to the report, the Defense Ministry has also failed to adhere to proper mechanisms for financial oversight, leading to discrepancies and unaccounted-for financial transactions. This lack of accountability and transparency has exposed the ministry to potential financial improprieties.

Moreover, the Audit Bureau’s report highlights a multitude of concerning practices, including the mishandling of military funds and the issuance of financial commitments without adequate oversight and authorization.

The report emphasizes the need for more rigorous financial controls and improved fiscal accountability within the Defense Ministry.