Libya's Investment Authority (LIA) CEO Ali Mahmoud discussed the accounts and consolidated statements of the institution and its subsidiaries during a meeting with Prime Minister Abdul Hamid Dbeibah on Monday.
According to Hakomitna platform, Mahmoud briefed the PM on the final accounts and consolidated statements examined by the global company Ernst & Young (EY), as well as the legal measures regarding cases filed against the Authority in several countries, in cooperation with the issues management department and the public prosecutor's office.
Dbeibah emphasized the necessity of completing the audit work and finalizing the institution's financial statements by the end of 2023, highlighting the importance of presenting this data to all Libyans as the sovereign wealth fund of the state.
He also stressed the importance of prioritizing the follow-up on cases filed against the institution in cooperation with relevant state institutions.
