, 5 tweets, 3 min read Read on Twitter
The crisis in #Libya is still unfolding. The latest is this: the Libyan government gives families a $500/yr grant. For the poorest of families, this is their one big windfall to last them through the year. But there’s a problem. The Civil Registration Authority (CRA), which…
… gives out national ID numbers & cards, has oh-so-miraculously discovered that it somehow issued a million or so fake ID numbers to persons unknown (yeah, right 🙄). This was clearly a mechanism for *somebody* 👀 to rob even more money from the Central Bank of #Libya (CBL)…
… which is an even bigger problem, b/c the CBL is the fiscal custodian of the #Libya’n Investment Authority’s billions of dollars of funds — which are partially “frozen” (read: probably stolen) by foreign powers. People (yours truly) have been saying, “Good Lord, look at the…
… open air slave markets in #Libya! Unfreeze that money! Let them rebuild their country!” And that would be great, but here’s the complicating factor: who received those fake ID numbers? Where did those stolen grant funds ($500 x 1M or so fake grantees) go? To fund terrorists?…
… why has the Central Bank of #Libya still not commissioned a transparent, outside audit of the #LIA’s books? Why aren’t Western nations demanding it? Was Libya the piggy bank everybody dipped into when #Gaddafi was overthrown? How much has really been pilfered & by whom?
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