Chairman of Arab Center for Integrity and Transparency, Shehata Mohamed Shehata, asserted that the procedures of regaining Libya’s smuggled funds have been taken, moreover, an ultimatum was submitted to the prosecutor general accompanied with list of the names and companies that their accounts should be frozen. He added that he is waiting for a meeting with the prosecutor general to negotiate over these funds.
Shehata affirmed that he will file a lawsuit before the Administrative Judiciary Court in the State Council next week; calling for freezing the smuggled funds as soon as possible. The negotiation between the Libyan side and the Arab Center for Integrity and Transparency started in August.
He mentioned that Egypt had to freeze its smuggled funds pursuant to the UN agreements for facing corruption, which gives the countries the right to freeze the smuggled funds, then regaining them.