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Friday, 17 April 2026
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Home » Economist: “Momentary confusion” lacks a legal basis and threatens the principle of bank secrecy

Economist: “Momentary confusion” lacks a legal basis and threatens the principle of bank secrecy

Sunday, August 17, 2025 Economy 2 Mins Read
Economist: “Momentary confusion” lacks a legal basis and threatens the principle of bank secrecy

Economist: “Murtabak Lahzi” lacks a legal basis and raises confidentiality concerns
LIBYA – Economist Mohamed Ahmed has questioned the legality of the decision to require employees of government agencies to use an electronic application called “Murtabak Lahzi”, questioning the legitimacy of this new monitoring tool in light of Libyan laws.
Lack of legal basisAhmed told Eram News that despite the legitimacy of the goals of combating corruption and waste, requiring all employees to use the “Murtabak Instant” application lacks an explicit legal basis and raises ethical concerns related to mass surveillance and bypassing the principle that individuals are innocent until proven guilty, without diminishing the value of the technical achievement achieved by the bank’s work team.
Banking secrecyThe expert noted that the legal framework for banking secrecy in Libya, according to the Banking Law No. 1 of 2005, obliges banks to maintain the confidentiality of customer accounts and transactions, and this information may not be disclosed except in specific cases, such as an order issued by a competent judicial authority.
If the system is insisted upon, Ahmed believes that its use should be voluntary, giving the employee the right to withdraw from it whenever he wants, and ensuring that all his data is permanently deleted and cannot be used against him in any legal investigation.

Murtabak Lahzi
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France confirms its support for the Sharm El Sheikh agreements and calls for the ...transition to the second phase in Gaza

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Saudi Arabia approves fines up to 100,000 riyals and deportation of violators of Hajj ...regulations without a permit

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Dr. Mahmud Elforjani: At a special invitation from the French Presidency, we participated... as the National Development Agency in the Libyan-French Business Forum in #Paris to open greater horizons for investment, enter the promising Libyan market, and introduce investment

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