Tripoli: An official from the Libyan-Sudanese Investment and Development Company has been detained on charges related to the mismanagement of public funds. The Public Prosecution has ordered the pretrial detention of the head of administrative and financial affairs at the company as investigations continue into the alleged misconduct.
According to Libyan News Agency, the Public Prosecutor’s Office is investigating the official’s management of a contract for feed manufacturing equipment valued at $748,000. The investigation revealed that the funds were spent without the equipment being received, leading to allegations of deviation from public interest requirements and harm to public funds.
The Office further explained that the investigator has decided to keep the accused in detention while the investigation is ongoing, highlighting the seriousness of the allegations against the official.