Libya central bank governor flees in fear for his life, FT says

Libya central bank governor flees in fear for his life, FT says Libya's central bank governor Sadiq al-Kabir said he and other senior bank staff had been forced to leave the country to "protect out lives" from potential attacks by armed militia
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August 30, 2024 11:25
Libya central bank governor flees in fear for his life, FT says

Libya's central bank governor Sadiq al-Kabir said he and other senior bank staff had been forced to leave the country to "protect out lives" from potential attacks by armed militia, the Financial Times reported on August 30, Report informs referring to The Jerusalem Post.

"Militias are threatening and terrifying bank staff and are sometimes abducting their children and relatives to force them to go to work," Kabir told the newspaper via telephone.

He also said attempts by interim Prime Minister Abdulhamid al-Dbeibah to replace him were illegal, and contravened UN negotiated accords on control of the central bank.

The crisis over the control of the Central Bank of Libya creates yet another level of instability in the country, a major oil producer that is split between eastern and western factions that have drawn backing from Türkiye and Russia.

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