The General Assembly of the Libyan Iron and Steel Company convened Tuesday for the first time since September 2013. The meeting was attended by the management committee and external supervisor: the Audit Bureau.
The media office of the Libyan Prime Minister Abdul Hamid Dbiebah said that the meeting discussed the company’s activity for the year 2021 and performance indicators for the first quarter of 2022, in addition to approving the estimated budget for 2022, as well as following up on the ratification of balance sheets, and final accounts for the uncompleted years, which would require coordination with the Audit Bureau.
The meeting saw as well approving the main system of the company and the structure of its capital.
Dbiebah, who is also the Head of the company’s General Assembly, said the lack of meetings of the Assembly had hindered following up on the performance of the company and on assisting it on the legal and administrative levels.
Dbiebah said the meeting was to allow the General Assembly to handle the issues facing the company legally and administratively over the last years.
