Suspension of GECOL Board and Referral for Administrative Investigation
Prime Minister al-Dabaiba suspended the entire Board of Directors of the General Electricity Company of Libya (GECOL) on June 26, 2022, appointing an interim General Manager reporting directly to him. An investigation committee was formed to examine the board's handling of persistent power outages, delayed power station connections, misuse of 2021 crisis funds, and failure to complete maintenance contracts.
This decision signals acute governance dysfunction at Libya's sole electricity utility and continued infrastructure crisis. For power generation contractors, equipment suppliers, and project developers, the investigative focus on delayed station connections and incomplete procurement suggests contract execution risk and potential payment disputes. The direct Prime Ministerial control and investigation into fund allocation creates uncertainty around existing agreements and future procurement processes until GECOL's governance stabilizes.
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