Former General Manager of Libyan Foreign Investment Company in Mali to be detained for causing loss of ownership of hotel
Nov 7 Sami Zaptia

Former General Manager of Libyan Foreign Investment Company in Mali to be detained for causing loss of ownership of hotel

‎The Attorney General's Office reported today that the Public Prosecution has ordered the detention of a former General Manager of the Libyan Foreign...

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Three Libyan Foreign Investment Company officials in Morocco held in pretrial detention for fraud
Mar 3 Sami Zaptia

Three Libyan Foreign Investment Company officials in Morocco held in pretrial detention for fraud

‎The Attorney General's Office reported last Friday (28 February) that its Deputy Public Prosecutor has ordered the pretrial detention of the official...

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LAFICO announces Financial Results & Key Financial Performance Indicators for 2014-2024, and financial target for 2025
Feb 18 Sami Zaptia

LAFICO announces Financial Results & Key Financial Performance Indicators for 2014-2024, and financial target for 2025

The Libyan Foreign Investment Company‎ (LAFICO) announced yesterday Financial Results and Key Financial Performance Indicators for the period 2014-202...

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Belgian Courts lifts seizure on Libya’s € 14 bn LAFICO/LIA assets with Euroclear bank
Jan 22 Sami Zaptia

Belgian Courts lifts seizure on Libya’s € 14 bn LAFICO/LIA assets with Euroclear bank

‎The Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba announced yesterday that Libya had ‘‘achieved a major legal victory through the Belgia...

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Former Libyan Foreign Investment Company GM and Directors detained pending case for negligence over US $ 90 million in Egypt
Nov 3 Sami Zaptia

Former Libyan Foreign Investment Company GM and Directors detained pending case for negligence over US $ 90 million in Egypt

The Attorney General’s Office announced on Tuesday that it has detained, pending the trial, the former General Manager and Directors of the general sh...

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Idle Libyan Foreign Investment Company property in Kiev, Ukraine to be converted into 58 luxury hotel apartments
Oct 6 Sami Zaptia

Idle Libyan Foreign Investment Company property in Kiev, Ukraine to be converted into 58 luxury hotel apartments

By Sami Zaptia.London, 6 October 2021:The Libyan embassy in Kiev, Ukraine announced yesterday that it is to convert an idle building belonging to the...

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Jun 7 Michel Cousins

LIA looks to repair asset damage caused by decade of sanctions

By Michel Cousins. On 5 May, the LIA announced the value of its assets up to year-end 2019 (Photo: LIA)Tunis, 7 June 2021:The LIA is looking to work w...

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Aug 30 Sami Zaptia

LIA amends its internal rules to stop conflict of interest

By Sami Zaptia.(Logo: LIA).London, 30 August 2019:The Libya Investment Authority (LIA) announced that it has amended its articles of association and t...

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Mar 10 Sami Zaptia

LIA and Belgian authorities deny loss of Belgian-based Libyan funds

By Sami Zaptia:.London, 10 March 2018: The LIA has denied media reports that Libyan assets had gone missing. In its statement yesterday, it refuted cl...

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Feb 12 Michel Cousins

LFIC directors banned by Integrity Commission

Tripoli, 12 February 2013:The Integrity Commission announced today, Tuesday, that it has disbarred three directors of the Libyan Foreign Investment Co...

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