LFB recovering funds in several locations secretly to protect the funds and process: LFB Chairman Addarrat
Feb 17 Sami Zaptia

LFB recovering funds in several locations secretly to protect the funds and process: LFB Chairman Addarrat

The Chairman of the Libyan Foreign Bank (LFB), Mohamed Ali Addarrat, affirmed that "protecting its assets and recovering its receivables abroad has be...

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The Libya Africa Investment Portfolio successfully obtains compensation of over Euro 8 million
Sep 27 Sami Zaptia

The Libya Africa Investment Portfolio successfully obtains compensation of over Euro 8 million

The Libya Africa Investment Portfolio (LAIP) reported yesterday that the Paris Criminal Court has issued a ruling convicting former French President N...

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ACA provisionally suspends LARMO employees
Apr 16 Sami Zaptia

ACA provisionally suspends LARMO employees

The Chairman of the Administrative Control Authority (ACA) issued Decision No. (173) of 2025 yesterday ordering the provisional suspension of the foll...

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Mauritius High Court lifts sanctions on Libya’s Ola Energy
Jan 23 Sami Zaptia

Mauritius High Court lifts sanctions on Libya’s Ola Energy

The Tripoli based Libyan government announced today that the High Court of Mauritius has lifted the sanctions imposed by the Financial Intelligence Un...

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LAIP delegation visits Maputo, Mozambique to recover seized rice project
Jan 12 Sami Zaptia

LAIP delegation visits Maputo, Mozambique to recover seized rice project

A delegation from the Libya Africa Investment Portfolio (LAIP) arrived in the Mozambique capital Maputo yesterday to recover a seized rice project.LAI...

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ACA orders pretrial detention of LARMO head for causing damage to the state and its funds
Jan 7 Sami Zaptia

ACA orders pretrial detention of LARMO head for causing damage to the state and its funds

The Administrative Control Authority (ACA) announced today that it had ordered the pretrial detention, pending further investigation into the case, of...

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LARMO head suspended by ACA for reasons of public interest
Jan 1 Sami Zaptia

LARMO head suspended by ACA for reasons of public interest

Libya’s Administrative Control Authority (ACA), the oversight agency for state-sector employees, announced on 23 December that it had suspended the he...

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Restrictions on 1,800 Libyan bank accounts in Malta lifted – another bank to follow soon
Dec 12 Sami Zaptia

Restrictions on 1,800 Libyan bank accounts in Malta lifted – another bank to follow soon

Libya’s Tripoli based Ministry of Foreign Affairs reported yesterday that the restrictions on 1,800 Libyan bank accounts in Bank of Valletta, Malta ha...

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High-level Libyan government delegation arrives in Guinea to regain ownership of illegally confiscated investment assets
Nov 26 Sami Zaptia

High-level Libyan government delegation arrives in Guinea to regain ownership of illegally confiscated investment assets

A high-level Libyan government delegation led by Fathallah Al-Zini the Minister of Youth, who is also Special Envoy of the (Tripoli based) Libyan Prim...

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LARMO discusses recovery of seized Libyan military aircraft with Tripoli based Air Force
Feb 5 Sami Zaptia

LARMO discusses recovery of seized Libyan military aircraft with Tripoli based Air Force

The Libyan Asset Recovery and Management Office (LARMO) reported today that it had held a meeting with the Tripoli based Libyan Air Force last Thursda...

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