The Head of the Government of National Unity and Chairman of the Board of Trustees of the Libyan Investment Authority (LIA), Abdul-Hamid Al-Dabaiba, visited the LIA to see the implementation of its plan for 2023.
Al-Dabaiba held a meeting with the Corporation’s board of directors and its subsidiaries to find out the difficulties and problems it faces in performing its tasks and investment plans according to the HAKOMITNA platform.
Al-Dabaiba highlighted the efforts of the LIA to review and close its final accounts over the past years, which have not been completed for more than 15 years, noting that this is the government’s first goal in the investment file and it has been accomplished.
Al-Dabaiba stressed the need to invest inside in areas of solar energy, oil, and gas in all its areas and give it a priority in all plans.
Al-Dabaiba stressed the necessity of disclosing all investments in terms of their values and programs and clarifying all data and numbers to the Libyan people, stating that the failure to appear and announce the results and statistics leaves everyone talking about the LIA and the loss of its money without the presence of realistic data regarding it.
Al-Dabaiba commended the efforts of the Libyan institutions to protect the institution’s assets abroad in the face of attempts to seize and plunder, praising the efforts of the Attorney General’s Office in following up on cases and rulings issued regarding the institution internationally in cooperation with the Cases Department, the Audit Bureau, and the Central Bank.
According to the source, the head of the LIA presented the investment plan of the LIA and its subsidiaries, indicating the efforts of the institution’s employees with international companies in order to close the final accounts and identify and evaluate all investments, whether real estate, financial, or in the form of portfolios.
He stressed that the LIA was able to announce consolidated financial statements today, reassuring that the Libyan funds were not lost and were clear in all their details, and that the institution moved from the stage of counting and protecting these investments to achieving profits and creating successful investment opportunities, according to the platform.
Source: Libyan News Agency