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Libya Jails Bank Staff for Fraud

Business 12/11/2025

Libya’s Tripoli Court of Appeal sentenced six Jumhuriya Bank employees for stealing 8.25 million dinars. The main defendant got seven years in jail, must repay the money, and pay a 16.5-million-dinar fine. Another worker received a one-year term for forgery. Four others were found guilty of negligence but got suspended sentences. The verdict, confirmed by the Attorney General’s Office, shows Libya’s strong push to fight corruption and improve trust in its banks.

Libya’s Tripoli Court of Appeal sentenced six Jumhuriya Bank employees for stealing 8.25 million dinars. The main defendant got seven years in jail, must repay the money, and pay a 16.5-million-dinar fine. Another worker received a one-year term for forgery. Four others were found guilty of negligence but got suspended sentences. The verdict, confirmed by the Attorney General’s Office, shows Libya’s strong push to fight corruption and improve trust in its banks.

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