Couple to repay £13m meant for training Libyan pilots, after spending it on property deals - News Summed Up

Couple to repay £13m meant for training Libyan pilots, after spending it on property deals


A British couple who spent £13 million on property deals, money that was meant to train Libyan pilots, have been ordered to pay it back by a UK court. Tevfik and Sera Jane Sekerci ran an education consultancy, Prime Education, which won a contract with Libya to provide training for up to 250 pilots, engineers and other specialists. PE Turkey owns land on which buildings were built on two sites in the Bagcilar district of Istanbul, the judgment said. EACS alleged they “conspired and combined” with Prime Education, each other, PE Turkey and York Property to “use unlawful means, including the misappropriation of moneys with intent to defraud” them. The couple claimed in their defence that they obtained verbal permission from EASC’s chief executive at the time, Jamil Shubana, who had signed the deal, to transfer funds to PE Turkey.


Source: Libya Today July 07, 2023 18:03 UTC



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