No Result
View All Result
Saturday, May 2, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

GNC to freeze student funds to suspended embassies and to pay students directly

bySami Zaptia
January 22, 2015
Reading Time: 2 mins read
A A

By Libya Herald reporter.

Malta, 21 January 2015:

The continuing GNC has decided to freeze the transfer of student scholarship funds to embassies that . . .[restrict]it says were ”suspended” by the Tripoli-based Audit Bureau and, it claims, by the Libyan Foreign Bank (LFB).

The Libyan embassies that the GNC considers suspended are those in Tunisia, Egypt, Serbia, Germany, France, Spain and Greece.

The GNC decided to form a committee that would send funds directly to the students’ bank accounts in the countries with suspended embassies, its statement said.

RELATED POSTS

Fierce overnight militia clashes in Surman – unconfirmed deaths reported by media

Tripoli to host the 2nd Libya Real Estate Investment Exhibition “Sphere Expo 2026” with broad regional participation

It will be recalled that the Tripoli-based Audit Bureau had frozen the transfer of any state money to, and suspended five Libyan ambassadors in France, Germany, Spain, Greece and Turkey for their lack of cooperation in allowing the Audit Bureau to inspect their finances.

The Audit Bureau subsequently referred the ambassadors to the Public Prosecutor’s Office.

On Monday, the Central Bank of Libya (CBL) had approved the release of just over LD 9 million of overseas scholarship funds to eighteen different countries in Europe, Asia and Africa.

It is worth keeping in mind that there have been delays in the transfer of scholarship funds for Libyan students studying abroad as a result of the economic crises that Libya finds itself in, caused by internal conflict, low oil production/export and the collapse of international crude oil prices by about 60 percent.

There has also been an upsurge in the number of students being awarded overseas study scholarships during the period of weak government since the 2011 revolution.

The CBL, in its recent austerity recommendations, has recommended that the number of overseas state-financed scholarships awarded is reviewed in line with Libya’s current realistic state revenues.

It is also worth keeping in mind that there now exists two Audit Bureau heads, one recognized by the GNC/Libya Dawn faction controlling western Libya, and one recognized by the House of Representatives/Karama faction controlling eastern Libya.

The Abdullah Thinni Foreign Ministry has stressed that suspension by the Tripoli-based Audit Bureau of Libyan ambassadors in several countries is null and void. It points out that he HoR had appointed a new head for the Audit Bureau, which makes the Tripoli-based Audit Bureau head issuing such orders accountable for impersonating the position of the Audit Bureau head.

The Thinni government also explained that Tripoli-based Audit Bureau cannot dispatch inspection teams to embassies abroad without coordinating with the Foreign Ministry – the Foreign Ministry of the only internationally recognized government in Libya.

The Thinni government also praised the position of the so called ‘’suspended’’ ambassadors for not responding to the demands by the Tripoli-based Audit Bureau, and held the Tripoli-based Audit Bureau responsible for the lives and safety of the wounded, patients, as well as the future of the students, receiving medical treatment or education in those countries. [/restrict]

Related Posts

Fierce overnight militia clashes in Surman – unconfirmed deaths reported by media
Libya

Fierce overnight militia clashes in Surman – unconfirmed deaths reported by media

May 2, 2026
Boeing signs a strategic agreement with Libya to modernize its civil aviation
Business

Boeing signs a strategic agreement with Libya to modernize its civil aviation

May 2, 2026
National Development Agency signs contract for National Food Sovereignty Project – 1,000 Centre Pivot Irrigation Circuits
Business

National Development Agency signs contract for National Food Sovereignty Project – 1,000 Centre Pivot Irrigation Circuits

May 1, 2026
German embassy to return majority of its Libya staff to Tripoli
Libya

German Embassy and representatives of German companies operating in Libya discuss Tripoli’s 19 May Libyan-German Economic Forum

April 30, 2026
Linataawan marks Phase II milestone in support of civil society in Libya
Libya

Linataawan marks Phase II milestone in support of civil society in Libya

April 30, 2026
‘Mini-Meeting’ discusses first two steps of Libya’s UN Roadmap in its first meeting in Rome
Libya

‘Mini-Meeting’ discusses first two steps of Libya’s UN Roadmap in its first meeting in Rome

April 30, 2026
Next Post

Zliten court postpones murder trial for lack of witnesses

Salloum border crossing "closed"

Top Stories

  • Tunis Air to resume flights to Libya ‘‘in coming weeks’’ – new sea lines to be launched soon linking Italy, Tunisia and Libya

    New shipping line between Italy-Tunisia-Tripoli launched today

    0 shares
    Share 0 Tweet 0
  • Chevron and Libya’s National Oil Corporation sign MoU to evaluate shale oil and gas resources – estimated at 18 billion barrels and 123 trillion cft

    0 shares
    Share 0 Tweet 0
  • US sells US$ 95 million worth of border security equipment to Tunisia – can a similar deal between the EU or the US be struck with Libya?

    0 shares
    Share 0 Tweet 0
  • CBL increases foreign currency cash limit permitted to enter Libya – up from US$ 10,000 to US$ 30,000

    0 shares
    Share 0 Tweet 0
  • MedSky confirms start of direct Dusseldorf flights from 17 May

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Fierce overnight militia clashes in Surman – unconfirmed deaths reported by media

Tripoli to host the 2nd Libya Real Estate Investment Exhibition “Sphere Expo 2026” with broad regional participation

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.