VOL. XLIII

No. 32

7-August-2000

LIBYA

Libyan Finance Minister Cleared Of Financial Squandering Charges

Libyan Finance Minister Muhammad Bait al-Mal has been cleared by the Libyan authorities of charges of financial irregularities, according to the London-based Asharq al-Awsat on 1 August. The finance minister, 22 other senior officials in the ministry and various Libyan banks were accused of squandering government funds after providing $4mn in unsecured loans to a number of individuals (MEES, 24...