17 July – 23 July: UNSMIL reopen bids for audit of competing CBL branches

Jul 23, 2019 | International actors

On 22 July, the UN Office for Project Service (UNOPS) on behalf of the UN Support Mission to Libya (UNSMIL) announced the reopening of bids for the selection of an international audit firm to audit the financial accounts of the competing Central Bank of Libya (CBL) branches in the east and west of the country. The bidding process will be open for three weeks. UNSMIL stated that the audit process would be conducted under specific terms of reference as agreed upon by the governments of the CBL branches. This decision comes after UNSMIL decided a month prior to review the details of its tenders for CBL audits after Ernst and Young, Deloitte, PwC and KPMG all decided to pass on the contract during the closed bidding process earlier in the year due to the complexity and political contentiousness of the issue.