CBL Freezes Accounts Amid Corruption

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CBL Freezes Accounts Amid Corruption

March 15, 2016 - 18:32
Written by: AbdulkaderAssad

The Central Bank of Libya (CBL) has announced the freezing of 150 bank accounts of private companies and 450 individual ones and has sent them to the Attorney General’s Office for persecution as per law number (02) for 2005 pertaining to money laundry control.

The media Office of the CBL has disclosed on Facebook that it is conducting some legal procedures such as freezing of bank accounts upon money laundry cases, sending the owners of the accounts to the specialized authorities such as the Audit Bureau, Attorney General’s Office, and the Administrative Control Department.