Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025
Feb 3 Michel Cousins

Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025

The Tripoli based Ministry of Economy and Trade announced yesterday that it had requested that the Central Bank of Libya (CBL) suspend 85 import compa...

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Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
Jan 16 Sami Zaptia

Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million

The Libyan Customs Authority announced yesterday the detection of 11 companies that obtained Letters of Credit at the official (and lower) exchange ra...

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More Khoms Port containers seized in LC financial corruption
May 10 Sami Zaptia

More Khoms Port containers seized in LC financial corruption

By Sami Zaptia.London, 10 May 2016:Khoms Police Counter-Crime Unit has seized eight containers after being processed by customs at Khoms Port on Satur...

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Chinese counterfeit cigarettes destined for Libya seized in Malta
Jun 1 Michel Cousins

Chinese counterfeit cigarettes destined for Libya seized in Malta

Malta, 1 June:Malta’s Customs Department has announced that it seized a shipment of 7.6 million counterfeit cigarettes during the week destined for Li...

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