{"id":6881,"date":"2022-05-25T11:54:38","date_gmt":"2022-05-25T09:54:38","guid":{"rendered":"https:\/\/lbc.com.ly\/en\/?p=6881"},"modified":"2022-05-25T11:54:40","modified_gmt":"2022-05-25T09:54:40","slug":"libya-africa-portfolio-wins-supreme-court-final-judgement-in-germany-to-recover-us-16-million","status":"publish","type":"post","link":"https:\/\/lbc.com.ly\/en\/libya-africa-portfolio-wins-supreme-court-final-judgement-in-germany-to-recover-us-16-million\/","title":{"rendered":"Libya Africa Portfolio wins supreme court final judgement in Germany to recover US$ 16 million"},"content":{"rendered":"\n
Libya\u2019s Ministry of Foreign Affairs and International Cooperation announced yesterday the recovery of a sum of US$ 16 million dollars of the funds belonging to the Libya Africa Investment Portfolio.<\/p>\n\n\n\n
The Supreme Court of the Federal Republic of Germany had issued a final judgment in which it convicted the accused of stealing money illegally and sentenced them to prison terms ranging from two to four years. They must also return the US$ 16 million and pay the legal fees.<\/p>\n\n\n\n
The money had been illegally invested with the Deutsche Bank in Frankfurt in 2011, taking advantage of Libya\u2019s instability in 2011.<\/p>\n\n\n\n
The LAIP\/LAP is a wholly owned subsidiary of the Libyan Investment Authority (LIA).<\/p>\n","protected":false},"excerpt":{"rendered":"
Libya\u2019s Ministry of Foreign Affairs and International Cooperation announced yesterday the recovery of a sum of US$ 16 million dollars of the funds belonging to the Libya Africa Investment Portfolio. The Supreme Court of the Federal Republic of Germany had issued a final judgment in which it convicted the accused of stealing money illegally and […]<\/p>\n","protected":false},"author":87,"featured_media":6882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1944],"class_list":["post-6881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-libya-africa-investment-portfolio"],"acf":[],"_links":{"self":[{"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/posts\/6881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/comments?post=6881"}],"version-history":[{"count":3,"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/posts\/6881\/revisions"}],"predecessor-version":[{"id":6885,"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/posts\/6881\/revisions\/6885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/media\/6882"}],"wp:attachment":[{"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/media?parent=6881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/categories?post=6881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lbc.com.ly\/en\/wp-json\/wp\/v2\/tags?post=6881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}