Libya’s central bank resumes operations
Move follows “safe return” of kidnapped official
The Central Bank of Libya (CBL) said on August 19 that it had resumed operations after a kidnapped official was returned safely.
Musab Msallem, a director in the bank’s information technology department, had been abducted by an “unidentified party” the previous day. The CBL said there had been threats to kidnap other officials.
The abduction followed demonstrations by armed men who attempted to storm the central bank in the capital Tripoli and force its governor, Sadiq al-Kabir, to resign.
In a
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Governance
Trinidad opposition leader calls for inquiry into central bank
CBTT accused of “cooking the books” with government over discrepancy in public accounts
Lebanese authorities arrest former central bank governor
Riad Salameh detained in Beirut over allegations of embezzlement
The post-Archegos risk model rebuild begins… slowly
New research on the topic may aid banks as they start to overhaul counterparty risk models
All eyes on the Fed
The US central bank faces a challenging path to fulfil its mandated goals
Libya’s central bank governor flees country, say reports
Move follows attempts by armed groups to break into CBL’s Tripoli headquarters
Campos Neto on inflation targeting, independence and the future of financial intermediation
BCB governor discusses financial autonomy, open finance, programmable Pix and deposit tokenisation
Poland’s top court blocks inquiry into central bank governor
Glapiński accused of politically aligned monetary policy decisions
Libyan central bank halts work after IT director abducted
Kidnapping comes after armed protesters call for governor’s resignation