According to an investigation published by the Organized Crime and Corruption Reporting Project (OCCRP) on November 24, 2025, Libyan businessman Abdelhakim Baayo – the first declared candidate for the 2021 presidential election – is suspected of using money from Alhammra Company Spain S.L., a subsidiary of the Libyan sovereign fund (Libyan Investment Authority, LIA), to…...
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Libya: an audit accuses Abdelhakim Baayo of embezzling funds from a subsidiary of the sovereign fund
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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