{"id":487005,"date":"2025-11-28T20:03:47","date_gmt":"2025-11-28T20:03:47","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/11\/28\/libya-an-audit-accuses-abdelhakim-baayo-of-embezzling-funds-from-a-subsidiary-of-the-sovereign-fund\/"},"modified":"2025-11-28T20:03:55","modified_gmt":"2025-11-28T20:03:55","slug":"libya-an-audit-accuses-abdelhakim-baayo-of-embezzling-funds-from-a-subsidiary-of-the-sovereign-fund","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/11\/28\/libya-an-audit-accuses-abdelhakim-baayo-of-embezzling-funds-from-a-subsidiary-of-the-sovereign-fund\/","title":{"rendered":"Libya: an audit accuses Abdelhakim Baayo of embezzling funds from a subsidiary of the sovereign fund"},"content":{"rendered":"<p>According to an investigation published by the Organized Crime and Corruption Reporting Project (OCCRP) on November 24, 2025, Libyan businessman Abdelhakim Baayo &#8211; the first declared candidate for the 2021 presidential election &#8211; is suspected of using money from Alhammra Company Spain S.L., a subsidiary of the Libyan sovereign fund (Libyan Investment Authority, LIA), to... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? 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