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Audit Bureau: Government institutes entered into contracts and financial obligations without providing the necessary financial cover.

The Audit Bureau confirmed in a letter addressed to the Prime Minister, on Monday, that there are officials in some of the government’s institutes, who have expanded with expenditures, concluding contracts and arranging financial obligations on the Libyan state without providing the necessary financial cover, and in violation of the law.

In its letter, the Bureau clarified that these expenditures and contracts create financial burdens on the treasury that may be unable to meet them, calling on the concerned authorities not to engage or contract except within the limits of the approved appropriations and allocations and the financial cover available without prejudice to the rules, regulations and laws in force.

It is worth noting that the Audit Bureau demanded the Prime Minister, Abdul Hamid Dbaiba, to provide them with all documents and agreements for the urgent sale of the stake of the American “Hess” company in the Waha company to the French “Total” company, adding that the government’s decision to approve the sale of shares represents the Libyan state’s waiver of the its right to a share in the company.

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