Copy LinkA high-level delegation from Libya’s State Assets Recovery and Management Office (LARMO) has taken part in a landmark international gathering aimed at tackling corruption and financial crime, bringing together representatives from 61 countries in Paris. The summit focused on sharing international best practices in recovering misappropriated assets and addressing the complex challenges posed by money laundering and cross-border financial crimes. The office’s participation underscores Libya’s unwavering commitment to reclaiming state assets, a move seen as vital for reinforcing national sovereignty and ensuring justice prevails. This strategic positioning would substantially enhance the office’s database capabilities and forge stronger connections with international financial institutions, legal bodies and law enforcement agencies. The office maintains complete financial independence and legal authority in pursuing its mandate.​​​​​​​​​​​​​​​​

Source: The North Africa Journal November 22, 2024 22:31 UTC