Skip to main content

Author: mohammed

As part of its ongoing efforts to preserve Libyan assets, recover stolen funds, and looted artifacts, the Libyan Asset Recovery and management office (LARMO)has announced its support for Libya’s accession to two UN conventions. This significant step comes after the signing by Mr. Taher Al-Baour, the acting Minister of Foreign Affairs for the Government of National Unity, of the **United Nations Convention on Jurisdictional Immunities of States and Their Property** and the **Beijing Convention on the Judicial Sale of Ships** at the United Nations headquarters in New York.

This step follows a series of consultations in which the LARMO participated, aiming to safeguard the Libyan state’s assets abroad from encroachments and protect them from legal claims. The Ministry of Foreign Affairs clarified in its statement that these agreements are part of a comprehensive strategy, involving the Libyan Assets recovery and management office , to protect Libyan assets abroad and strengthen the country’s legal position against any attempts of seizure or freezing.

The official spokesperson for the LARMO confirmed that the office played a key role in paving the way for these agreements by fulfilling its vital mission of tracking, monitoring, and protecting Libyan assets abroad, as well as providing legal and technical consultations to enhance the office’s ability to recover and preserve assets and funds.

Today marks one year since the tragic event that struck the city of Derna, bringing back the depth of pain and sorrow we have all endured. On this occasion, the Libyan Asset Recovery & Management Office (LARMO) extends its heartfelt condolences and sympathy to the families of the victims and those affected.

Over the past year, the people of Libya have demonstrated remarkable solidarity and unity, which has helped mitigate the impact of this disaster. Today, we remember all those we have lost and express our gratitude to everyone who provided aid and relief. The memories of Derna remain in our hearts, and we will continue to work towards a better future for all.

The challenges we have faced during this difficult time have only strengthened our resolve to rebuild and foster hope for the future. On this anniversary, we reaffirm our commitment to supporting the city of Derna and its residents in every step towards recovery and growth. (LARMO) is dedicated, on this occasion, to enhancing reconstruction efforts, not only through the recovery of looted funds but also by supporting developmental projects that will restore Derna’s vitality and bring hope to its people.

May the victims rest in peace, and may their families be granted patience and solace.

Regular Meeting of the Libyan Asset Recovery and Management Office to Review International Agreements

A regular meeting was held under the chairmanship of the DireyGeneral of the Libyan Asset Recovery and Management Office, along with several directors and experts from the office. The meeting focused on discussing and evaluating a set of important international agreements that should be utilized, as they will facilitate Libya’s dealings with host countries, particularly in legal matters.

Among these agreements, reference was made to the UNIDROIT Convention on Stolen or Illegally Exported Cultural Objects and the Asset Protection Law, which the office presented and found acceptance from the Ministry of Foreign Affairs.

During the meeting, the Director General emphasized the importance of ongoing cooperation between the office and the Ministry of Foreign Affairs and International Cooperation. He also expressed the office’s readiness to celebrate the International Day of International Agreements, which will be held next September.

This meeting reflects the office’s commitment to enhancing international cooperation in the areas of recovering cultural and tangible assets and strengthening institutional work to achieve shared goals.

Director General of Libyan Asset Recovery and management office Mr Mohamed Ramadan Mensli (LARMO ) had received the Ambassador of Malta Mr Charles Saliba

Director General of Libyan Asset Recovery and management office Mr Mohamed Ramadan Mensli (LARMO ) had received the Ambassador of Malta Mr Charles Saliba , the meeting took place at LARMO HQ in Tripoli

The discussion focused on continuing the existing bilateral
cooperation and updating on the latest on a number of relevant topics
Director general
expressed his appreciation for the continued support received from the relevant governmental agencies from Malta and the importance of maintaining it.

From his part Ambassador in Saliba echoed this sentiment.

Director General of the Libyan Asset Recovery and Management Office Mr Mohamed Mensli met at LARMO HQ in Tripoli, the German Ambassador to Libya Mr Ralph Tarraf.

The meeting addressed the global task of LARMO and the importance of the continued support of Germany and the relevant German law enforcement agencies, in which the director general expressed LARMO’s full appreciation.

On his part the Ambassador outlined the important role of the embassy and appreciated the tremendous efforts being carried out by the office of LARMO

Both parties agreed to keep the line of communication alive .

Libyan asset recovery and Management office Participates in Euromed Summit of Economic and Social Councils

Mr. Mohammed Hami, in his capacity as Media Officer at the Libyan asset recovery and Management office (LARMO), participated in the Euromed Summit of Economic and Social Councils and Similar Institutions held in Malta on June 18-19, 2024. The summit was attended by heads and members of delegations from the European Union, the Union for the Mediterranean, labor unions, and civil society organizations.

The summit included important discussions on pressing issues such as youth involvement in decision-making processes and . The office’s representative provided recommendations to enhance regional cooperation in these vital areas.

Strengthening International Cooperation: LARMO Director Receives Security Council Experts

Today, Thursday, June 6, 2024, the Director General of the Libyan Asset Recovery and Management Office Mr Mohamed Mensli received a delegation from the panel of experts established by Security Council resolution 1973 (2011), accompanied by the Director of the Organizations Department at the Ministry of Foreign Affairs.

This visit marks the continued established cooperation between LARMO and UNSC .

The meeting discussed a number of key issues related to the effective implementation of United Nations measures under resolution 1970 (2011) and related subsequent resolutions .
The Director General briefed the team on the strategies adopted by LARMO including the progress of setting LPRF and global activities of the office

An official point contact was established to further the cooperation for the benefit of the Libyan people .

The delegation commended the efforts of the office in implementing these measures, which aim to recover and reinvent the Libyan looted assets.

“Strengthening International Cooperation: LARMO Director Receives Security Council Experts”

Today, Thursday, June 6, 2024, the Director General of the Libyan Asset Recovery and Management Office Mr Mohamed Mensli received a delegation from the panel of experts established by Security Council resolution 1973 (2011), accompanied by the Director of the Organizations Department at the Ministry of Foreign Affairs.

This visit marks the continued established cooperation between LARMO and UNSC .

The meeting discussed a number of key issues related to the effective implementation of United Nations measures under resolution 1970 (2011) and related subsequent resolutions .
The Director General briefed the team on the strategies adopted by LARMO including the progress of setting LPRF and global activities of the office

An official point contact was established to further the cooperation for the benefit of the Libyan people .

The delegation commended the efforts of the office in implementing these measures, which aim to recover and reinvent the Libyan looted assets.

A semi-annual meeting was held today, Wednesday, June 5, 2024, attended by the Director General of the Libyan Asset Recovery and Management Office, Mr. Mohamed Ramadan , along with the office staff. The focus was on internal office operations and the activities of each department, office, and section within the office.

Employee requirements and entitlements were discussed. At the end of the meeting, the Director General praised the efforts made and wished them continued progress and success.

Director General of LARMO Mohamed Mensli had reiterated the focus on enhancing the technical, particularly linguistic, capabilities of the office staff. This directive aligns with the policy adopted to support and empower Libyan personnel in managing complex files according to international standards and mechanisms, and especially in the English language.

This message was delivered during the graduation ceremony of a batch of trained employees, as the development of linguistic and technical capabilities is considered a fundamental requirement for enhancing the office’s performance and in achieving success dealing with international challenges .