The UK will investigate any allegations of corruption in the Libyan oil sector. Kawczynski asked Rutley ‘‘what assessment his Department has made of the implications for its policies of levels of corruption in Libya’s (a) oil industry and (b) national oil bodies. On 2 May David Rutley answered: ‘‘The National Oil Corporation (NOC) is an important institution in Libya with a vital role to play. The UK is therefore supportive of any efforts to investigate corruption and impropriety in the NOC and advocates greater transparency on revenue expenditure. The UK is clear that it will investigate any relevant allegations of corruption falling under the Bribery Act 2010.

Source: Libya Today May 04, 2024 18:27 UTC