LAICO Central African Republic CEO imposter detained over LD 7.186 million embezzlement
May 23 Sami Zaptia

LAICO Central African Republic CEO imposter detained over LD 7.186 million embezzlement

The Attorney General’s Office announced last Monday (20 May) that criminal proceedings have begun against a person accused of the embezzlement of inve...

Read Article
Alahlia Cement Company CEO, board members imprisoned for LD 1.5 million fraud
Oct 11 Sami Zaptia

Alahlia Cement Company CEO, board members imprisoned for LD 1.5 million fraud

The Public Prosecutor’s Office announced today that the Tripoli Criminal Court issued a ruling to imprison two members of the Board of Directors of th...

Read Article
Sep 29 Sami Zaptia

Libyan tanker Badr continues to be illegally detained in Bulgaria since 2017 - despite court rulings

By Sami Zaptia.The Libyan General National Maritime Transport Company has given an update on the continued detaining of its merchant ship Badr in Bulg...

Read Article
Apr 10 Nigel Ash

Half a billion dollar case against LAIP struck out

By Libya Herald reporters. Tripoli, 10 April 2017:A claim worth over half a billion dollars against the Libya Africa Investment Portfolio (LAIP) ha...

Read Article
Rada arrests Mellitah oil executives in fraud probe
Feb 13 Nigel Ash

Rada arrests Mellitah oil executives in fraud probe

By Jamie Prentis.Tunis, 13 February 2016:Four senior Libyan oil company executives were detained in Tripoli over an alleged fraud involving a new $425...

Read Article
Lifeco's Norwegian partner Yara International, on corruption charge
Mar 24 Nigel Ash

Lifeco's Norwegian partner Yara International, on corruption charge

Tripoli, 24 March 2012:Yara International, the Norwegian company owning half of the Libyan Norwegian Fertiliser Company (Lifeco), has been charged in...

Read Article