PARIS, Nov 30 (Reuters) - A French court on Wednesday approved a 16 million euro settlement Airbus had reached with France's financial prosecution office linked to bribery charges in Libya and Kazakhstan. The comes as an extension to a deal struck with prosecutors in 2020, which included record fines against the planemaker. Prosecutors said Airbus' unlawful dealings in Libya and Kazakhstan had still been under investigation and thus weren't included in the 2020 settlement. (Reporting by Juliette Jabkhiro, writing by Dominique Vidalon, editing by Tassilo Hummel)((dominique.vidalon@thomsonreuters.com; +33149495432; Reuters Messaging: dominique.vidalon.reuters.com@reuters.net))The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Source:Libya Today
December 01, 2022 04:08 UTC
PARIS, Nov 30 — Airbus and the French financial prosecution office have agreed to settle an investigation related to past Airbus dealings including bribery in Libya and Kazakhstan with the plane maker paying a fine of about €16 million (RM74 million), the two parties said at a court hearing today. The prosecutor said that Airbus had already paid more than US$3 billion (RM13.4 billion) for the corruption scheme three years ago, that the company had cooperated with authorities. “The record fine at the time fully covered the public interest... since then, there has been a profound internal transformation at Airbus,” it said. The new bribery settlement comes as an extension to a deal struck with prosecutors in 2020, which included record fines against the planemaker. Prosecutors said Airbus’ unlawful dealings in Libya and Kazakhstan had still been under investigation and thus weren’t included in the 2020 settlement.
Source:Libya Today
December 01, 2022 03:47 UTC
The settlement, approved by the Paris judicial court, is likely to draw a line under the investigations, which began in 2016. The new settlement comes as an extension to a deal struck with prosecutors in 2020, which included record fines against the planemaker. Thanking the prosecutors and the judicial process, Airbus lawyer Gilles August told the court: "Today Airbus operates with the strictest integrity." The French part of the 2020 settlement, amounting to 2.1 billion euros, cited corruption of foreign officials, fraud and money laundering. (Reuters)Read more on FRANCE 24 EnglishRead also:Air France, Airbus face trial in Paris over fatal 2009 Rio-Paris crashUS and EU reach deal to end 17-year Airbus-Boeing trade disputeUK launches corruption investigation into Airbus
Source:Libya Today
December 01, 2022 03:01 UTC
Times have changed... A lotIn Libya, women were never half of society, but rather were the whole of society. The last decade has not been in favor of womenIn the last decade, there have been many changes that accompanied the political earthquake that swept Libyan society. In cities, most families are far and alienated from their social surroundings, and somewhat detached from the social restrictions of relatives. Iman.. "I used to dream of something other than teaching at university, in the oil field. All this is technically available for women but some jobs remain frowned upon by society to this day.
Source:Libya Today
December 01, 2022 00:02 UTC
Tunisian Prime Minister Najla Bouden Romdhane met here on Wednesday with her Libyan counterpart Abdul-Hamed Dbeibah to discuss ways to strengthen bilateral ties, according to a statement issued by the Tunisian government. During the meeting, Bouden Romdhane reiterated Tunisia’s firm support for the Libyan people to find a sustainable settlement in the war-torn country in order to restore security and stability. The Tunisian Prime Minister also praised the progress made in restoring economic and trade cooperation between the two parties despite the difficulties posed by the COVID-19 pandemic and the Ukraine crisis. For his part, the Libyan prime minister said that the rapid evolution of international and regional affairs “requires stronger joint actions and unifying policies.”“The Libyan people are counting on neighboring countries more than ever to achieve political stability,” Dbeibah said. He also highlighted the importance of developing joint mechanisms to combat terrorist organizations and organized crime gangs.
Source:Libya Today
November 30, 2022 22:09 UTC
Member of the European Parliament, Clare Daly, criticized NATO’s intervention in Libya in 2011, stressing that the crisis that Libya has been suffering for years is a legacy of NATO’s intervention. “Gaddafi’s Libya was a plank of regional stability. NATO’s cataclysm plunged the wider Maghreb, Mediterranean, Sahara and Sahel into turmoil, the Irish Politician tweeted. “After 11th anniversary of Gaddafi’s death during NATO’s assault on Libya – all in the name of freedom, democracy and human rights – we’d do well to remember what happened next: terror, death, lawlessness, rape, poverty, starvation. That’s NATO’s legacy,” she added.
Source:Libya Today
November 30, 2022 21:20 UTC
LIBYA: High-profile European politicians have been accused of conspiring with Libya’s coastguard to forcibly turn away refugees trying to cross the Mediterranean Sea into Europe. These politicians include the former head of the EU’s foreign policy, Federica Mogherini, the current and former interior ministers of Italy, and the current and former prime ministers of Malta. The accusation was made in a criminal complaint filed with the International Criminal Court. One of those cited in the complaint as a co-conspirator in the push-back scam is Marco Minniti, who was the interior minister of Italy at the time of the transaction. Also Read: United Kingdom Prime Minister Liz Truss Apologizes for Any Errors
Source:Libya Today
November 30, 2022 17:45 UTC
The settlement, approved by the Paris judicial court, is likely to draw a line under the investigations, which began in 2016. The new settlement comes as an extension to a deal struck with prosecutors in 2020, which included record fines against the planemaker. Thanking the prosecutors and the judicial process, Airbus lawyer Gilles August told the court: "Today Airbus operates with the strictest integrity." The French part of the 2020 settlement, amounting to 2.1 billion euros, cited corruption of foreign officials, fraud and money laundering. Prosecutors said Airbus' unlawful dealings in Libya and Kazakhstan had still been under investigation and thus were not included in the 2020 settlement.
Source:Libya Today
November 30, 2022 17:20 UTC
The German Ambassador to Libya, Michael Ohnmacht, announced a meeting with representatives of several German companies to prepare for the Libyan-German economic forum. “In today’s online meeting with German companies, we continued our preparation for the fourth German-Libyan Economic Expert Forum,” Ohnmacht tweeted. “Our clear objectives: Creating opportunities for economic cooperation between Germany and Libya and devoloping our economic partnership,” he added.
Source:Libya Today
November 30, 2022 16:42 UTC
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Source:Libya Today
November 30, 2022 15:47 UTC
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Source:Libya Today
November 30, 2022 13:45 UTC
The UN Independent Fact-Finding Mission on Libya has concluded its fifth investigative mission to the country, an extended field visit to Tripoli which took place from 20 October to 21 November. The mission was the FFM’s first to Libya since the Human Rights Council extended its mandate from July 2022 to March 2023. During the mission, investigators met with and interviewed witnesses, civil society organizations and women human rights defenders. FFM Libya has also not received permission from local authorities to visit the city of Sebha, despite repeated requests. FFM Libya will continue its work in Libya, and will report to the Human Rights Council at its session in March 2023.
Source:Libya Today
November 30, 2022 12:49 UTC
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Source:Libya Today
November 30, 2022 10:42 UTC
A day later, the deal was approved by the European Council. Marco Minniti, who was the Italian interior minister at the time of the deal, is among the individuals named in the complaint as co-conspirators behind the push-back scheme. Other individuals named as co-conspirators include Matteo Salvini, the far-right leader who served as interior minister in 2018-2019 and his then chief of staff, and Matteo Piantedosi, who is now interior minister. For more information see our Privacy Policy . We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.
Source:Libya Today
November 30, 2022 10:37 UTC
Zenenga underscored the need for progressive steps to bring weapons under the control and responsibility of the Libyan State, which can exercise their use in a legitimate and accountable manner, aimed at providing security to the Libyan people under the rule of law, the statement pointed out.
Source:Libya Today
November 30, 2022 09:36 UTC