No Result
View All Result
Tuesday, December 2, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Abducted CBL employees freed after colleagues threaten total bank closure; leading militia leader accused of masterminding the kidnap

bySami Zaptia
June 12, 2015
Reading Time: 2 mins read
A A
Abducted CBL employees freed after colleagues threaten total bank closure; leading militia leader accused of masterminding the kidnap

By Saber Ayyub.

Tripoli, 12 June 2015:

Three staff members at the Central Bank of Libya kidnapped two days ago have been freed . . .[restrict]after their colleagues went on strike demanding their release. The three, from the CBL’s anti-money laundering department and named as Musab Zariba, Ali Atia and Hatem Berish, were seized while investigating a fraud involving millions of dollars-worth of letters of credit.

Their abduction follows that of CBL spokesman Essam El-Oul at the beginning of the week.

The staff protested yesterday outside the bank buildings in the capital.  In an official statement read out in front of the main entrance of Tripoli’s CBL, they said that they would remain on strike until their colleagues were released.  They threatened to shut down all Libya’s banks.

RELATED POSTS

Misrata Free Zone Customs seizes ten containers from Turkey full of table salt instead of coffee beans as part of a hard currency smuggling operation

CBL welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts

Their colleagues, they said, had beenwere kidnapped by armed militias operating outside state control.

Social media sites are openly naming a leading militia leader for responsibility for the kidnapping.

The exact details of the kidnapping vary. One report says that the three CBL employees were kidnapped from the Bel Ashhar branch of the Gumhouria Bank in Tajoura where they were carrying out inspections.

These came about after the branch had refused to process a Letter of Credit (LC) for the militia leader on the suspicion that the documents he had presented were fake.

The LC was reported to be worth in the region of US$ 159 million.

This militia leader and his forces have been accused in the past of carrying out kidnappings, but to date no legitimate civilian Libyan authority has been strong enough to confront him.

There is no news about Al-Oul who was also kidnapped last year and held for three days before being released in circumstances that were never explained.

The spate of kidnappings is symptomatic of Libya’s insecurity caused in part by the widespread availability of weapons and breakdown of state security institutions as well as wayward militias operating beyond state control. [/restrict]

Tags: CBL Central Bank of LibyaJumhouriya bankLCs letters of creditLibyamilitia

Related Posts

Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Detention of a former chairman of Libya Telecom & Technology Company for LD 20 million misappropriation

November 28, 2025
“Beaches and marine life: Between investment and environmental conservation. Towards more sustainable eco-tourism” debate held in Tripoli
Libya

Tourism Minister affirms full support for Second Fesania Desert Rally scheduled to begin on 1 January in Wadi al-Hayat

November 28, 2025
Interior Ministry’s Diplomatic Missions Protection personnel receiving training in Ukraine
Libya

Security plan within Tripoli has resulted in the resolution of several cases: Interior Minister Trabelsi

November 27, 2025
Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Detention ordered of Director General and Director of Finance of Libyan Post, Telecoms and Information Technology Holding Co. for fund mismanagement

November 27, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba holds meeting with Interior Minister Trabelsi and Undersecretary of Defence Zoubi to follow up on ‎‎security and military developments

November 27, 2025
Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Former Director of Long-Term Investment Portfolio’s Housing Company for Tourism and Hotel Investments to be detained for misappropriation of US$ 15 million

November 26, 2025
Next Post
Tripoli Business Incubator signs agreement with Tripoli University

Tripoli Business Incubator signs agreement with Tripoli University

Red Crescent Ramadan food parcels for displaced in Zliten

Red Crescent Ramadan food parcels for displaced in Zliten

libyaherald-Ads

Top Stories

  • LBBC concludes productive Benghazi visit strengthening UK-Libya business collaboration

    Libya’s energy transition represents one of North Africa’s most significant infrastructure opportunities: LBBC Chairman Peter Millett

    0 shares
    Share 0 Tweet 0
  • Security plan within Tripoli has resulted in the resolution of several cases: Interior Minister Trabelsi

    0 shares
    Share 0 Tweet 0
  • Libya needs over one million housing units over next 10 years costing over 200 billion dinars

    0 shares
    Share 0 Tweet 0
  • NOC chairman participates in expanded meeting on new fuel import mechanism through tender

    0 shares
    Share 0 Tweet 0
  • Toyota Libya signs MoU with Ministry of Labour and Rehabilitation to strengthen cooperation in training and skills development

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Brega raising its Mitiga Airport Aviation Fuel Depot’s storage capacity from 360,000 to 760,000 litres

Dialogue session held on “Governmental and Non-Governmental Sukuk-Bonds” as innovative financing tools for economic growth

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.