Libya's Central Bank Governor Flees Country
Libya's Central Bank Governor Flees Country

Libya's Central Bank Governor Flees Country

News summary

Sadiq al-Kabir, the governor of Libya's central bank, has fled the country along with other senior officials due to threats from armed militias, who have reportedly abducted the children of bank staff to force them to work. Al-Kabir alleges that interim Prime Minister Abdulhamid al-Dbeibah's attempts to replace him are illegal and violate UN agreements regarding central bank leadership. This power struggle comes amidst a backdrop of ongoing instability in Libya, which is divided between rival eastern and western factions supported by external powers such as Turkey and Russia. The UN Support Mission in Libya has urged for the cessation of unilateral actions and called for the protection of bank employees. The situation has escalated tensions further, coinciding with the shutdown of oilfields by the eastern government in response to the political crisis. Libya's central bank, controlling significant oil revenues, remains at the center of this conflict.

Story Coverage
Bias Distribution
100% Left
Information Sources
a78a93d5-e809-4e65-9789-685643e45693
Left 100%
Coverage Details
Total News Sources
2
Left
2
Center
0
Right
0
Unrated
0
Last Updated
82 days ago
Bias Distribution
100% Left
Related News
Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News