Libya’s Audit Bureau announced the names of figures and local and international firms involved in smuggling foreign currency, accusing them of greatly damaging Libya’s economy.
The Audit Bureau sent a letter to the Central Bank of Libya (CBL), the Head of the Commission of Imports Budget, and the banks’ managers urging them to stop dealing with the bank accounts of the involved figures ad firms.
44 local companies and 24 foreign companies as well as names of persons were announced by the Audit Bureau.
It also revealed money smuggling involving a group of companies and figures by using letters of credit, thus damaging Libya's economy, saying it is a form of organized crime.
The Audit Bureau also said that there should be no letters of credit until the money smuggled is counted and then the file is sent to the concerned authorities.
