The Libyan Attorney General's office said it had lodged the General Manager of Libyan Foreign Investment Company (LAFICO), Hussein Ehneish, in prison as a pre-trial procedure, for accusations of misappropriation of public funds.
The office started Sunday interrogating Ehneish for abusing his power for the benefit of others and helping some people obtain money in an illegal manner.
It also said that Ehneish faces accusations of causing "huge damage" to public funds because of violations in collecting loan money; as the value of one of the loans was 200 million Egyptian pounds, and another was five million dollars.
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