LIA dawdling over BDO fees payments?
Giant British accounting group BDO, which is representing the LIA (Libyan Investment Authority) in its major litigations against Goldman Sachs [...]
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These are tough times for Faysel Gergab, who has been targeted by a financial investigation in Malta and sidelined by his own camp. Gergab, who is the Tobruk-government appointed head of public telecommunications company LPTIC and an influential figure at [...]
As the rival governments in Tripoli and Tobruk negotiate fiercely over the creation of a national unity government, two blocs are fighting for control of the Libyan Investment Authority (LIA). The first, which is backed by Tobruk, is led by former Aref Ali Nayed aides in the Libyan Stabilisation Team set up after the revolution. But it faces a counter-offensive by the two Central Bank of Libya vet [...]