https://libyaobserver.ly/inbrief/suspicious-banking-transactions-exceeding-lyd-24-million-detected

The Financial Crimes and Money Laundering Combating Authority has detected suspicious banking activity involving deposits and transfers exceeding LYD 24 million in one account.

The authority said the transactions were inconsistent with the account holder’s declared business activity and were not supported by documents or legitimate commercial justifications, raising suspicions of money laundering.

Authorities identified the account’s ultimate beneficiary, completed the necessary preliminary investigations, and referred the individual to the Attorney General Office for further investigation and legal action.