Libyan Attorney General investigates US$2.8 million Wahda Bank documentary credits fraud

The Anti-Corruption Prosecution, under the Tripoli Court of Appeal, is examining information related to the collection of US$2.8 million in documentary credits without the corresponding deposit of Libyan dinars. Authorities have ordered the detention of the official responsible for managing documentary credit affairs at the time of the transaction and a representative of the company that benefited from the alleged fraud. Other participants in the incident are also being sought for questioning.

Separately, Libya's Administrative Control Authority ACA continues to receive complaints and reports from citizens and residents through its Raqeeb whistleblowing website, aiming to enhance transparency and legal accountability while protecting whistleblowers.