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Investigation Reveals Millions in Lost Libyan Funds Abroad
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Investigation Reveals Millions in Lost Libyan Funds Abroad
A new investigation has uncovered widespread corruption and the disappearance of Libyan state assets in Liberia worth hundreds of millions of dollars, raising serious concerns over financial mismanagement and lack of oversight. The report, published by US-based organisation The Sentry, examined frozen assets belonging to the Libyan Investment Authority (LIA) and found that more than $100 million invested in Liberia generated little to no return.…
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