Banking investigations over 13 million dinars
LIBYA – The Public Prosecution has ordered the detention of the manager of North Africa Bank’s Ghadames branch and his assistant in connection with the misappropriation of 13 million dinars of the bank’s funds.
Transfers and forged bank cheques
The Public Prosecution said investigations had uncovered bank transfers through which the two defendants sought to disguise the source of the funds and the rights attached to them.
Abuse of powers and personal-use cards
It added that the investigations established that the two defendants had abused the powers vested in them by processing forged bank cheques, transferring foreign currency to cards designated for personal use when the beneficiaries’ accounts held no balances, and debiting the value of bank cheques a second time after the amounts had already been deducted.
