Libya-Africa Investment Portfolio: We managed to return cash assets to Libya

Libya-Africa Investment Portfolio: We managed to return cash assets to Libya

March 13, 2016 - 20:47
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Written By: AbdulkaderAssad

Libya-Africa Investment Portfolio (LAP) reassured the Libyan people and other stakeholders that the outcome of its ongoing court cases and the Libyan investment projects in a number of countries are going well.

In a statement on its official website, the LAP said it succeeded to obtain cash assets and return them to Libya, pointing that it will double up its efforts to preserve Libya’s assets.

“We are keeping all the Libyans and other stakeholders updated about what is going on regarding the legal cases in courts.” The statement reads.

Worth mentioning is that many investment projects are owned by Libya in Africa and other countries and have been suffering negligence, corruption, and maladministration, which led to the fall of some and loss of others.