A source in the Presidential Council (PC) revealed to “Bawabat Al-Wasat” that the PC was in the process of referring the international audit report on the accounts of the Central Bank of Libya to the Office of the Attorney General regarding certain serious violations.
The source explained that the PC was relying in this step on “Paragraph 79 of the periodic report of the Secretary-General of the United Nations issued last week.”
The auditor in question is “Deloitte Global Consulting Company,” which has been assigned this task by the Security Council since 2018.
Last June, financial audit reports conducted by the British company “Deloitte” on the activities and accounts of the Central Bank of Libya revealed that the bank in the capital, Tripoli, failed to disclose the fate of $4.8 billion worth of local currency, after they were printed by a British company, which raises many questions about the fate of that money.
The Organized Crime and Corruption Reporting Project (OCCRP), an international network of investigators and journalists from six countries, reported that Deloitte’s report addressed the tender announced by the Central Bank in Tripoli in 2012 to print currency, which was won by the British company De La Rue.
The report explained that the contract between the bank and the British company was amended twice in the following years, one of which was without the approval of the Central Bank’s Board of Directors.
Under the amendments to the contract, De La Rue was required to increase the volume of the printed dinar currency, adding hundreds of millions of US dollars. Deloitte’s reports cover the period from 2014 to 2020 and reveal violations of laws and regulations by the two branches of the Central Bank of Libya.
The Deloitte report touched on the tender announced by the Central Bank in Tripoli to print currency, which was won by the British company De La Rue in 2012. Documents submitted by the Central Bank of Libya in Tripoli showed a significant discrepancy between the amount of money it received, according to the contract with De La Rue, and the amount listed in the receipts it issued.
