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Spotlight | Libya
Central Bank facing tough times as money laundering report looms

The Central Bank of Libya, in Tripoli.
The Central Bank of Libya, in Tripoli. © Charles O. Cecil/Alamy
The regional branch of the Financial Action Task Force is due to examine the report submitted by the Central Bank of Libya to assess its financial compliance. While some progress has been made, problems remain. [...]
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Diplomacy

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Inner circles | Libya
Central Bank of Libya at heart of battle between Dabaiba and Bachagha

With billions of dollars of oil revenues in its coffers, the politically powerful Central Bank of Libya has been presided over for a decade by the unbudgeable Al Seddik Omar Al Kabir. It recently began the process of reuniting with its breakaway branch in eastern Libya and found itself straight away in the middle of the tug-of-war between Abdelhamid Dabaiba and Fathi Bachagha for the premiership.

LogoSubscribers only Politics 18.02.2022
The Governor of the Libyan Central Bank (LCB) Al Seddik Omar al-Kabir.

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