Libya Central Bank Governor, Other Bankers Flee to Avoid Militias

A picture shows a view of Libya's Central Bank headquarters in Tripoli on August 27, 2024. (Photo by AFP)

Libya's central bank governor Sadiq al-Kabir said he and other senior bank staff had been forced to leave the country to "protect our lives" from potential attacks by armed militia, the Financial Times reported on Friday.
"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 oil producing country.
The UN Support Mission in Libya early this week called for the suspension of unilateral decisions, the lifting of force majeure on oil fields, the halting of escalations and use of force, and the protection of central bank employees.