Al-Kabir, Bashagha sign anti-corruption and money laundering agreement

Al-Kabir, Bashagha sign anti-corruption and money laundering agreement

August 10, 2020 - 20:47
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Written By: AbdulkaderAssad

The Libyan Interior Minister of the Government of National Accord (GNA) Fathi Bashagha and the Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabir, have signed an agreement to cooperate in efforts to curb operations of corruption, money laundering and terrorism.

The Interior Ministry said the agreement aims to complete the agreed upon measures that target drying up terrorism funding sources, and fighting money laundering as well as corruption in Libya, as per the last Wednesday meeting for the national committee.

It also added that this agreement is a commitment by the Libyan state to carry out cooperated measures among state institutions to undermine money laundering and corruption and to fight sources of terrorism financing.

The CBL contracted an international auditing firm to review and audit all its accounts to pave the way for unifying state institutions as per the Presidential Council and UNSMIL's agreement.

The Interior Ministry said it was willing to do the same as the CBL to audit all of its accounts and contracts.