thesentry.org [thesentry.org]
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Dear Friend,
The mysterious tale of an oil tanker impounded in Albania opens a window on a shocking exposé: “ The Odyssey of the Queen Majeda [[link removed]] ,” the result of a year-long investigative collaboration between Bloomberg News and The Sentry.
This piece of long-form journalism details twists and turns, high-level corruption, and an intricate criminal playbook for massive fuel smuggling operations through Libya.
Read the full story in Bloomberg [[link removed]]
Over $5 billion a year in fuel is leaking out through this illicit trade across Africa and Europe. Russia is exploiting the Libyan route to evade international sanctions imposed due to the invasion of Ukraine.
“The closure of European markets following Russia’s invasion of Ukraine and the ensuing Western sanctions drove a sharp uptick in exports for Russian refined petroleum to North Africa, a region with a scarcity of refineries,” explains The Sentry’s Director of Investigations Charles Cater. “This flood of petroleum imports is directly linked to Libya’s thriving fuel-smuggling operations.”
What makes it all possible is an enormous surge in high-level corrupt activities linked to Libya’s leaders, which The Sentry exposed last November in our investigative report “ Libya’s Kleptocratic Boom [[link removed]] .”
International policy toward Libya has tolerated state-level corruption, despite the heavy toll it takes on the safety and wellbeing of the Libyan people. As this collaborative investigation reveals, international complacency is already generating blowback in the form of new and serious threats to global security, economic markets, and the rule of law.
Sincerely,
Greg Hittelman
Director of Communications
Donate now to help The Sentry dismantle corrupt [[link removed]]
and criminal networks in Libya and around the world. [[link removed]]
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The Sentry is an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy.
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