FCC RegUpdate

On August 7, 2024, Khalifa Abdul-Sadiq, Libya’s Minister of Oil and Gas, was detained on charges of financial corruption. Abdul-Sadiq allegedly pressured a corporate accounting officer to approve the unauthorized transfer of €457.6 million to a foreign company.

To know more: https://www.fcctimes.com/2024/08/07/libyas-oil-and-gas-minister-arrested-on-corruption-charges-amid-leadership-dispute/?utm_source=LinkedInText&utm_medium=FCCPoI16Aug24