Libya’s Attorney General Issues Arrest Warrant for Bank Official

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Media sources reported on Wednesday that the Investigation Department of the Attorney General’s Office, has ordered the arrest of the Assistant Director of the Major Funds Department at the Sahara Bank. He is accused of abusing his authority, mismanaging the state treasury, and corruption.

Over the past year, the Investigations Department headed by Al-Siddiq Al-Sour issued numerous orders, summons, and arrest warrants against Libyan officials on charges of corruption and the mismanagement of public funds.

This has long been the focus of discussions among populist circles in Libya, who complain of wide-scale and rampant corruption across the country.

Libya’s economy has greatly suffered due to corruption as its state budget has been exhausted, its oil exports slashed, and its deficit has ballooned to new heights.