A former JPMorgan (NYSE: JPM) investment manager and an ex-Julius Baer banker were sentenced to a total of 11 years by a London court on Monday for defrauding a Libyan sovereign wealth fund out of millions of dollars, Reuters reported.
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UN envoy to Libya, Abdoulaye Bathily, said he co-chaired on Sunday the Economic Working Group on Libya, alongside Egypt, the EU and USA.
The National Center for Disease Control in Libya (NCDC) reported on Monday that a single case of COVID-19 has been recorded between the 13th and 19th of February, marking 1.08 percent of the infection rate. 4 people recovered in the same reporting period.
Governor of the Central Bank of Libya (CBL), Saddek Elkaber, chaired a meeting of the bank’s Strategic Projects Committee on Sunday to discuss the development of several electronic banking services.
The Minister of Economy, Mohamed Al-Hawij, held a meeting on Sunday with Tunisia’s Ambassador to Libya Asaad Al-Ajili, at the ministry’s headquarters in Tripoli.
Security forces in the eastern city of Benghazi have launched a widespread campaign to confiscate unlicensed weapons, according to a statement by Libya’s Internal Security Agency on Sunday.
Libya’s House of Representatives is scheduled to convene a session in Benghazi today as per an announcement last week by House Speaker Aguila Saleh.
The African Union is organising a national reconciliation conference for Libya, AU Commission chief Moussa Faki Mahamat told AFP on Sunday, the latest bid to restore stability to the conflict-wracked nation.
Libya is reported among the worst countries in Africa in 2022 in terms of governance, and ranked at 45 the 2022 Ibrahim Index of African Governance, which examined the status of governance across 54 countries in the continent over the past ten years.
The Tunisian coastguard said Sunday it had intercepted overnight more than 400 migrants trying to reach Europe by sea in 16 separate operations off the North African country’s coast.