Author: mohammed

Database Project to Enhance International Cooperation and Combat Corruption

As part of the follow-up on the implementation phases of the comprehensive and well-structured database project, the Libyan Asset Recovery and Management Office (LARMO) held an important meeting today to review progress and ensure the achievement of its objectives.

This project aims to support LARMO’s efforts in activating the window mechanism with international regulatory institutions, organizations, and law enforcement agencies, in which the office holds exclusive membership. This enhances international cooperation in combating corruption and recovering state assets.

This achievement, in collaboration with the United Nations, represents a strategic asset for Libya, bolstering its position on the international stage and strengthening its efforts to recover rights and safeguard national assets.

#LARMO
#Libya
#AssetRecovery
#InternationalCooperation
#AntiCorruption

On the occasion of the 72nd anniversary of Libya’s independence, the Director of the Libyan Asset Recovery and Management Office (LARMO), Mr. Mohamed Ramadan Mensli, extends his warmest congratulations and best wishes to the entire Libyan people.

At this pivotal moment in Libya’s history, we collectively recall the strength of will and determination that led to Libya achieving its independence. The restoration of sovereignty and freedom is an accomplishment worthy of celebration and pride. You have overcome numerous challenges and worked diligently to build a better future for our country, Libya.

LARMO shares in your joy and calls for continued collaborative efforts to enhance stability and development in Libya. We are committed to promoting justice and combating corruption.

On this significant occasion, we renew our commitment to further cooperation and strengthening the partnership between LARMO and other governmental institutions, aiming to build a bright future for Libya and fulfill the aspirations of its honorable people.

May Libya and its people be well every year!

In compliance with Libyan judicial rulings,
the Libyan Asset Recovery and Management Office announces the issuance of a final ruling in favor of the Libyan state by the Supreme Court, rejecting the appeal in the administrative case No. 223/69 Q.
This ruling is final, binding, and not subject to appeal, reinforcing the Office’s efforts in protecting and recovering the rights of the Libyan state.

The Office, in coordination with all relevant authorities, reaffirms its commitment to pursuing all local and international cases concerning the state’s properties and assets, ensuring national sovereignty and upholding justice.
The Libyan Asset Recovery and Management Office remains the sole authority mandated with the task of recovering Libya’s assets globally.

#AssetRecovery #ProtectingStateProperties #LibyanJudiciary

International Anti-Corruption Day

A call to unite efforts in combating corruption that threatens our values. Together towards a more transparent future.

Libyan Asset Recovery and Management Office – LARMO

#AntiCorruptionAwareness #Transparency #LARMO

The Director General of the Libyan Asset Recovery and Management office LARMO), Mr. Mohamed Ramadan Mensli welcomed Mr Leonard Rendell, senior International liaison officer for the BRITISH national Crime Agency (NCA) aduring an official visit to the LARMO office.
The NCA has under its auspices, the UKFIU, CPC, NECC.

The meeting which was chaired by DG Mensli also attended by Major General Jamal Al-Muzougi, Head of the Financial Crime, Anti-Money Laundering, and Counter-Terrorism Financing Agency at the Prime Minister’s Office, Mr. Mohamed Jumaa Abdo, Chairman of the High Committee for International Cooperation at the National Anti-Corruption Authority. Mr Rendell expressed his readiness to support the office’s efforts and joint work, commending the professionalism and dedication of LARMO as well as the observed productive cooperation between the various Libyan stakeholders. Further engagements are planned to enhance practical collaboration

The Libyan Asset Recovery and Management Office (LARMO) participated in the 20th General Assembly of the “CARIN” International Asset Recovery Network, held in Paris with the participation of 61 countries and prominent international experts.

The office is working on strengthening international partnerships to combat money laundering and recover stolen Libyan assets. Notably, it is seeking to collaborate with the United Nations to become the regional office for North Africa within the network. This ambition will provide momentum to enhance the database infrastructure, expand windows for international financial, legal institutions, and improve collaboration with law enforcement agencies globally.

In this context, the office delegation held significant meetings on the sidelines of the event with several countries, including Ukraine, Portugal, Malta, France, South Africa, Germany, the United Kingdom, and the United States, to enhance mutual cooperation in the field of asset recovery and combating financial crimes.

#LARMO #Asset_Recovery #UN #Anti_Corruption

On Thursday, November 14th a memorandum of cooperation was signed between the Libyan Asset Recovery and management Office (LARMO), and the International Language College, aimed at enhancing the efficiency of the office’s employees in various fields. This agreement seeks to improve the linguistic and administrative skills of the staff, contributing to the overall performance of the office.

Representatives from both sides attended the signing ceremony, where they confirmed the importance of collaboration in achieving common goals and exchanging expertise. The memorandum is expected to include specialized training programs and workshops aimed at developing the essential skills of employees, including enhancing their capabilities and mastering the English language.

During the same event, certificates of completion for the English language course were awarded to trainees who successfully finished the program. This recognition reflects the office’s commitment to developing the capabilities of its employees and improving their skills in line with international requirements.

This initiative is part of ongoing efforts to enhance the efficiency of Libyan institutions and elevate performance levels in accordance with international standards.

As part of the ongoing cooperation between the Libyan Financial Information Unit at the Central Bank of Libya and the Anti-Money Laundering and Counter-Terrorism Financing Department at the Libyan Asset Recovery and Management Office (LARMO), a significant workshop was held, focusing on combating financial crimes and money laundering.

The workshop was attended by the Head of the National and International Cooperation Department at the Financial Information Unit, along with the Head of the Anti-Money Laundering and Counter-Terrorism Financing Department at LARMO.

During the workshop, the latest techniques and methods used in combating money laundering and terrorism financing were discussed. Participants also exchanged experiences and knowledge, contributing effectively to the development of integrated strategies to address financial challenges. This initiative plays a vital role in enhancing local capabilities in combating financial crimes and strengthening cooperation between relevant entities.

A consultative meeting was held today between the Libyan Asset Recovery and Management Office and its counterpart in Ukraine (arma),Through the zoom application,with the attendance of a representative from Europol. This meeting comes within the framework of the regular meetings of the “CARIN” international network, of which larmo is a member. The discussions focused on exchanging technical expertise in the fields of digital investigation, performance methods, and evaluation. Both parties agreed on a future action plan, and it was noted that a bilateral cooperation agreement between the two institutions should be arranged.

It is worth mentioning that Europol (the European Union Agency for Law Enforcement Cooperation) works to enhance cooperation between EU countries to combat organized crime and terrorism. It provides support to national authorities through investigations and intelligence analysis to tackle cross-border crimes such as drug trafficking and cybercrime.