Libya: Former NOC Official Imprisoned for Failing to Collect $2.7 Billion

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  1. Libya: Former NOC Official Imprisoned for Failing to Collect $2.7 Billion
Location:
tripoli, libya, Libya, Maghreb
Incident Date: July 26, 2024
Instability Rating Max 5.0: 1.50
Arrests: 1
DESCRIPTION::

The Public Prosecutor’s Office announced the imprisonment of a former director from the International Marketing Department at the National Oil Corporation. The official is charged with failing to collect $2.7 billion from oil and gas sales between 2011 and 2017. The investigation revealed that his negligence caused significant harm to the public interest. The director is being held in custody while the case proceeds.

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