Tag Archives | Corruption

Sarkozy charged in Libya Campaign Funding Probe

By Al-Monitor staff. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. France's Sarkozy charged in Libya campaign funding probe Former French President Nicolas Sarkozy is facing a new charge as part of an inquiry into allegations he funded his successful 2007 campaign with cash […]

Combatting Corruption and Money Laundering in Libya

EU launches joint project to prevent and combat corruption and money laundering The European Union, in collaboration with the United Nations Office on Drugs and Crime (UNODC) and the United Nations Interregional Crime and Justice Research Institute (UNICRI), is launching a new project entitled "Building Libya's National Capacity to Prevent and Combat Corruption and Money […]

Libya Improves Ranking in Corruption Perceptions Index

By John Lee. Transparency International has said that Libya's ranking has risen slightly in its global Corruption Perceptions Index (CPI). From a total of 180 countries, Libya came in at number 168; last year’s position was 170 out of 180 countries. This result puts it on equal ranking with Haiti, the Democratic Republic of the […]

Former SNC-Lavalin VP found Guilty

By John Lee. Former SNC-Lavalin vice-president Sami Bebawi has been found guilty of corruption in relation to contracts for the Canadian engineering company in Libya. According to Bloomberg, a jury found Bebawi (73) guilty of five charges including fraud, corruption of foreign officials, and laundering proceeds of crime. The case follows an investigation by Canadian […]

Consultations on Unified and Transparent Libyan Institutions

Consultations on Unified and Transparent Libyan Energy and Economic Institutions U.S. and Libyan officials met in Washington to discuss specific measures to increase transparency and accountability of economic and energy institutions, support unified governance of sovereign institutions, and ensure stable financing for Libya’s energy sector. Participants reaffirmed the need for all sovereign institutions, including the […]

How Libya's Economic Structures Enrich the Militias

By Jason Pack for the Middle East Institute. Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. Largely overlooked in international policymaking toward Libya's current conflict is the role of corruption as a key driver of violence, as opposed to merely its byproduct. The high-level […]

Libya Gains one place in Transparency Ranking

By John Lee. Transparency International has said that Libya's ranking has risen one place its global Corruption Perceptions Index (CPI). From a total of 180 countries, Libya came in at number 170; last year’s position was 171 out of 180 countries. This result puts it on equal ranking with Burundi, behind countries such as Iraq […]