Head of LISCO’s Materials Department detained in US$ 26 million contract fraud with Austrian company VA Intertrading

The Attorney General’s Office reported yesterday that the investigating authority has ordered the detention of the head of the Materials Department at the Libyan Iron and Steel Company (LISCO) in Misrata. The prosecutor at the Anti-Corruption Prosecution Office within the Misrata Court of Appeal investigated the company’s contractual procedures with the Austrian company VA INTERTRADING […] The post Head of LISCO’s Materials Department detained in US$ 26 million contract fraud with Austrian company VA Intertrading appeared first on LibyaHerald .