CBL Governor Issa reviews latest e-payment indicators - continued increases across multiple areas
Mar 3 Sami Zaptia

CBL Governor Issa reviews latest e-payment indicators - continued increases across multiple areas

In line with the implementation of digital transformation plans, the promotion of electronic payment services, and a review of record growth indicator...

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Former National Commercial Bank managers convicted for LD 4.3 million embezzlement
Dec 22 Sami Zaptia

Former National Commercial Bank managers convicted for LD 4.3 million embezzlement

The Attorney General’s Office reported yesterday that the Criminal Court issued a verdict convicting a former Assistant to the Treasury Manager at the...

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Criminal Court convicts 11 National Commercial Bank employees for embezzling 29 million dinars of bank's money
Apr 22 Sami Zaptia

Criminal Court convicts 11 National Commercial Bank employees for embezzling 29 million dinars of bank's money

The Attorney General’s Office reported yesterday that the Tripoli Court of Appeal (Criminal Court) issued a ruling convicting 11 employees of the Nati...

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Tripoli Criminal Court convicts National Commercial Bank employees of LD 1 million fraud
Feb 7 Sami Zaptia

Tripoli Criminal Court convicts National Commercial Bank employees of LD 1 million fraud

The Attorney General’s Office reported yesterday that Tripoli Criminal Court convicted six National Commercial Bank (NCB) employees of a LD one millio...

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Criminal Court convicts former National Commercial Bank officials for attempted LD 2.4 million fraud
Jan 2 Sami Zaptia

Criminal Court convicts former National Commercial Bank officials for attempted LD 2.4 million fraud

The Attorney General’s Office reported last Tuesday (31 December 2024) that in its last session, the Tripoli Criminal Court of Appeal convicted former...

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Use of card and e-payments on the increase – helping to resolve Libya’s bank cash liquidity problem
Dec 10 Sami Zaptia

Use of card and e-payments on the increase – helping to resolve Libya’s bank cash liquidity problem

Electronic payments and debit card use have risen considerably in Libya over the last year. This is the considered view of Musbah Al-Akkar, former cha...

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A gang of 5 convicted of failed LD 25 million National Commercial Bank fraud
Nov 22 Sami Zaptia

A gang of 5 convicted of failed LD 25 million National Commercial Bank fraud

‎The Attorney General’s Office reported yesterday that the Criminal Court issued a verdict convicting a gang whose members began to seize LD 25 millio...

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Central Bank of Libya announces launch of LYPAY – an interbank instant payment service
Aug 4 Sami Zaptia

Central Bank of Libya announces launch of LYPAY – an interbank instant payment service

The Central Bank of Libya (CBL) announced the launch of LYPAY, planned to be the leading interbank instant payment service, it said.‎The service allow...

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Four employees at the National Commercial Bank sought for LD 4.86 million fraud
May 28 Sami Zaptia

Four employees at the National Commercial Bank sought for LD 4.86 million fraud

‎The Attorney General's Office reported yesterday that its Prosecutor has detained the Current Accounts Officer and seeking three other employees at t...

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Former Renewable Energy Authority and National Commercial bank officials detained for €81 million contract fraud
May 17 Sami Zaptia

Former Renewable Energy Authority and National Commercial bank officials detained for €81 million contract fraud

The Attorney General’ Office announced Thursday (16 May) that the Public Prosecutor has ordered the detention of a former Chairman of the Renewable En...

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