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

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Ex-Tunisian Minister Sentenced to Three Years in Prison

Former Environment Minister Riadh Mouakher (Asharq Al-Awsat)
Former Environment Minister Riadh Mouakher (Asharq Al-Awsat)
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Ex-Tunisian Minister Sentenced to Three Years in Prison

Former Environment Minister Riadh Mouakher (Asharq Al-Awsat)
Former Environment Minister Riadh Mouakher (Asharq Al-Awsat)

The Criminal Chamber specialized in financial corruption cases at the Court of First Instance of Tunis, sentenced on Friday former Environment Minister Riadh Mouakher to three years in prison, the Tunisian official news agency, TAP, reported.
The ruling is part of a corruption case related to breaches in a transaction carried out by the former minister for the purchase of several vehicles.
Investigation showed that the tender conditions were allegedly manipulated in favor of one particulate supplier.
In addition to Mouakher, the Chamber condemned a civil protection executive, seconded to the Environment Ministry, to two years in prison.
The two defendants are found guilty of abusing their functions to obtain an undue advantage, and therefore causing harm to the administration and contravening the regulations in force.
On Thursday, the Criminal Chamber specialized in corruption cases at the Tunis Court of First Instance sentenced a security officer to three years in prison and four others to four years in prison on charges of abusing their functions to obtain an undue advantage and harm others.
The five security officers had formed a group for the purpose of attacking property and exploiting a public employee.
According to documents related to the case, surveillance activities revealed that the five defendants, who work at a central department, were involved in seizing private funds, giving night jobs to some department agents, and transferring the profits to their personal accounts.
Their case was first examined by the Financial Chamber, which decided to sentence the five security guards to prison.
The case was later referred to the Criminal Chamber that examines financial corruption cases. The chamber had earlier kept the five defendants at liberty, before issuing late on Thursday the prison sentences.