Libyan Investment Authority controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
Governance and transparency criticism
Leaked reports and media coverage raised questions about governance, investment losses and political influence at the authority. The available accounts were mixed and included professional reporting that did not identify proven corruption by LIA staff.
2011
Allegations of misappropriation and misconduct
A transitional-government investigation alleged that approximately $2.9 billion had been subject to misappropriation, misuse or misconduct. The allegation was contested, and later reporting and reviews did not establish a definitive, universally accepted finding of corruption.