The Central Bank and the Libyan Intelligence Service discuss cooperation in the field of combating money laundering and terrorist financing.Mellitah Oil and Gas announces its victory in a case before the Paris Court of Appeal against Sicon Company.

The Governor of the Central Bank of Libya, ‘Al-Siddiq Al-Kabir,’ met in his office in Tripoli this Thursday morning with the head of the Libyan Intelligence Service, Lieutenant General ‘Hussein Al-Ayeb.’

According to what was published on the bank’s official Facebook page, the meeting discussed areas of cooperation within the jurisdiction of the National Committee for Combating Money Laundering and Terrorist Financing.

Source: Libyan News Agency

Mellitah Oil and Gas Company announced that it won a case before the Paris Court of Appeal against Sicon Oil and Gas Company, demanding compensation exceeding millions of dollars.

The company said in a statement on its official page on Facebook that the Paris Court of Appeal issued its ruling rejecting the appeal submitted by Sicon Oil and Gas Company in the ruling issued by the Court of Arbitration at the International Chamber of Commerce (ICC – Paris) in the lawsuit filed by the aforementioned company to demand compensation with a total amount of (60,000,000.00) dollars (sixty million US dollars)

The statement confirmed that the court ruled to oblige the company ‘Sicon’ to pay Mellitah Company (30,000.00) thirty thousand euros for its costs, in addition to charging it with the expenses.

Source: Libyan News Agency