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LARMO discusses Libyan asset recovery with local official authorities

Within the framework of the Libyan Asset Recovery and Management Office (LARMO)’s communication and consultation strategy, a meeting was held at LARMO’s headquarters in Tripoli on Monday, January 2, 2023, in the presence of Mr. Muhammad Jumaa, Head of the International Cooperation Unit, and Mr. Salah Al-Dernawi, Head of the Research and Investigation Unit; in addition to representatives of the Central Bank of Libya (CBL), the Ministry of Foreign Affairs, the General Intelligence Service and the National Anti-Corruption Authority.

The meeting discussed issues related to the recovery of Libyan assets abroad, including the difficulties facing LARMO in carrying out its duties, as well as possible ways to overcome these challenges.

The participants stressed the need for concerted efforts from all partners to support LARMO’s policies, being the only legitimate Libyan entity responsible for the recovery of Libyan assets abroad. The attendees also commended LARMO’s efforts over the last period and its success in recovering archaeological assets and securing compensation funds for the benefit of the Ministry of Interior and others.

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