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Author: larmoadmin

MoU signed with UNITAR

Within the framework of the approved training plan, the Libyan Asset Recovery and Management Office (LARMO) has signed a Memorandum of Understanding (MoU) with the United Nations Institute for Training and Research (UNITAR)

The agreement was signed by Mr. Mohamed Jumaa, Head of the International Cooperation Unit, on behalf of LARMO; Mr. Evariste Karambizi, Director of Division for Peace, on behalf of UNITAR during a meeting attended by LARMO unit managers.

The agreement aims to develop training programs that will increase LARMO’s performance and provide employees with the most up-to-date tools to help them carry out their duties in the best possible way.

European Union supports Libya efforts to recover assets abroad

A meeting was held on Thursday, November 26, 2022, at the Libyan Asset Recovery and Management Office (LARMO)’s headquarters in Tripoli, with representatives of the European Union Delegation to Libya- led by Ms. Lise Pate, Head of the Libyan Office, Mr. Guillaume Fine, Deputy Head.

Representing LARMO was Mr. Muhammad Jumaa, Head of the International Cooperation Unit, as well as other unit managers.

The participants discussed ways to enhance cooperation between the EU delegation and LARMO and to strengthen communication with EU countries holding Libyan assets. Ms. Pate also expressed the delegation’s appreciation and support for LARMO’s efforts to recover Libyan assets abroad and use them for the benefit of all Libyan people, stressing the EU’s willingness to cooperate with LARMO in terms of human resources development and performance improvement.

For his part, Mr. Muhammad Jumaa gave a souvenir to the EU representatives bearing the LARMO logo, in appreciation of the delegation’s support.

LARMO director general holds meetings with international law enforcement representatives

Libyan Asset Recovery and Management Office (LARMO)’s director general, Dr. Mohamed Ramadan Mensli held a series of meetings with international law enforcement delegates.

The guests represented the British Attorney General’s Office and the Attorney General of the US Department, the French Public Prosecutor’s Office, as well as law enforcement agencies in Italy and Switzerland.

The meetings discussed Libyan funds and assets in those countries and the best mechanisms for their retrieval. All participants stated their full support for LARMO’s efforts and expressed their willingness to help in the recovery of the Libyan assets.

LARMO organizes asset recovery workgroup in cooperation with Antiquities Authority.

The Libyan Asset Recovery and Management Office (LARMO) has run a workgroup in Brussels, Belgium, in cooperation with the Libyan Antiquities Authority (LAA). The workshop involved a series of interactive activities focusing on different mechanisms for the recovery of Libyan assets abroad, as well as displaced cultural property.

During the workshop, the team provided an overview of LARMO’s strategy to recover Libyan assets, artefacts and other property abroad. The closing session was held on Wednesday, September 7, 2022, in the presence of His Excellency, the Libyan Ambassador to the European Union, Jalal Al-Ashi.

H.E. Al-Ashi expressed his appreciation for the efforts made by LARMO and the LAA to restore the rights of Libyan citizens, commending LARMO’s achievement in recovering 56 million euros for the benefit of the Ministry of Interior.

The workshop also included a lengthy meeting at the Libyan Embassy in Brussels with representatives of the Belgian judicial and economic authorities, as well as representatives of several international organizations.

LARMO meets with UK National Crime Agency

On Thursday, September 15, 2022, the Libyan Asset Recovery and Management Office (LARMO) held a meeting with the UK’s Financial Intelligence Unit (UKFIU) and the National Crime Agency (NCA), at the Libyan Prime Minister’s Offices the meeting was also attended by the Head of the Money Laundering and Counter-Terrorism Department at the Libyan Ministry of Interior.

LARMO was presented by Director General, Dr. Mohamad Ramadan Mensli. The participants discussed the issue of Libyan assets in the UK and Europe, with the NCA expressing its willingness to cooperate with LARMO, and provide it with all the necessary support to help achieve its objective of recovering Libyan assets for the benefit of the citizens of Libya.

LARMO receives UNDP delegation

The Libyan Asset Recovery & Management office (LARMO)’s Director General, Dr. Mohamad Ramadan Mensli, received a delegation from the United Nations Development Program (UNDP), led by Mr. Arkan Ghassan El Seblani, Chief Technical Advisor on anti-corruption and integrity in the Arab nations.

The meeting that took place on Tuesday, September 20, 2022, was also attended by LARMO’s unit managers and focused on ways to enhance cooperation between LARMO and the UNDP in terms of capacity development, professional performance improvement, investment and more.

El Seblani stressed the UNDP’s support of LARMO and its endeavours to reclaim the rightful assets of Libyans and contribute to the ongoing efforts of reconstruction and comprehensive development in all Libyan regions.

Libya joins CARIN network for Asset Recovery

The Libyan Asset Recovery and Management Office (LARMO) has joined the Camden Asset Recovery Inter-Agency Network (CARIN) with observer status as a representative of the Libyan State. LARMO was also asked to become a founding member of the network’s North Africa and the Middle East office.

This decision was reached during the organization’s General Assembly meeting- held in Madrid, Spain, on October 19-20, 2022, with LARMO’s Director General, Dr. Mohamad Ramadan Mensli attending.

CARIN’s permanent secretariat is located at Europol’s headquarters in The Hague, Netherlands. The organization strives to increase its members’ work efficiency and intensify their efforts through joint actions aimed at arresting criminals and depriving them of their illegal profits.

LARMO organizes several asset-management courses

The Libyan Asset Recovery and Management Office (LARMO)’s Training Unit has completed several courses on asset management to enhance the skills of employees and improve their performance. A ceremony was also held by LARMO on Wednesday, November 2, 2022, in recognition of the participants’ efforts.

The ceremony was attended by LARMO’s Director General Dr. Mohamad Ramadan Mensli, employees, and managers of the different departments and units, as well as office employees. “We firmly believe in the importance of developing and enhancing the capabilities” said Dr. Mensli. “We will always invest in human resources to ensure our staff have the required skills to achieve LARMO’s objective of recovering Libyan assets and making sure they are properly used for the benefit of Libya’s citizens and the state”, he added.