No Result
View All Result
Thursday, October 16, 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

CBL refutes LNA claims of funding terrorists and Jadran’s recent oilfield attack

bySami Zaptia
July 27, 2018
Reading Time: 3 mins read
A A

By Sami Zaptia.

(Logo: Tripoli CBL).
(Logo: Tripoli CBL).

London, 27 July 2018:

The Tripoli-based Central Bank of Libya (CBL) has categorically refuted claims by the Khalifa Hafter-led and mainly eastern-based Libyan National Army (LNA) that the CBL had financed the recent military operation to occupy the eastern-based oilfield crescent led by former Petroleum Facilities Guard (PFG) regional commander Ibrahim Jadran.

In its statement released late on Wednesday, the CBL said, ‘‘with reference to what some media outlets had carried over the past two days by the official spokesman, Brigadier Ahmed Mesmari, who claimed that the Central Bank of Libya had transferred money to Ibrahim Jadran: The central bank of Libya categorically denies the veracity of this claim in its entirety and in its detail and deplores the slander contained in the statement’’.

The CBL went on to assure that it ‘‘asserts that the bank’s transfers are carried out in accordance with the spending authorizations issued by the Ministry of Finance and in conformity with the provisions of the relevant laws’’.

RELATED POSTS

Tripoli Health Ministry prohibits acceptance of gifts or donations without prior written permission as part of transparency drive

IMF study entitled “Energy Subsidy Reform in Libya” concludes that reform is crucial as subsidies lead to overconsumption and premature resource depletion

Furthermore, it pointed out that its ‘‘welcome a few days earlier of the call by the President of the Presidential Council (Faiez Serraj) to review and scrutinize all its transactions in order to confirm the bank’s confidence in the integrity of its proceedings and to refute all allegations and fabrications’’.

The CBL went on to say that it ‘‘takes the opportunity to assure the Libyan people that the systematic campaigns aimed at the bank from several parties will not discourage the determination of those who carry out their national duty to guard and preserve the assets of the Libyan people’’.

With regards to the right of a free media, debate, accountability and transparency, the CBL concluded that ‘‘while respecting and affirming the right the media and those of citizens to have access to the truth, the Bank cautions that it retains the right to prosecute all those who use the media to abuse the bank and its employees by spreading fallacies and fabrications and by disseminating fabricated and baseless information’’.

The CBL statement comes on the back of LNA and Khalifa Hafter’s personal spokesperson Ahmed Mesmari claims earlier this week to Libyan media that the Governor of the Tripoli CBL, Sdek El Kabir, was involved in corruption and the financing of terrorism.

Mesmari claimed that Kabir had illegally handed over LD 11 million to an airline belonging to Abdul Hakim Belhadj and supported terrorist leaders with funds, including Ibrahim Jadran. Abdul Hakim Belhadj is seen as an Islamist foe by the LNA part of the militia cartel controlling Tripoli.

Mesmari called on Kabir to handover of his duties as CBL Governor to Mohamed Shukri, who had been selected by Libya’s internationally recognized parliament, the House of Representatives (HoR), as the new Governor of the Central Bank of Libya.

It will be recalled that in January this year, the HoR elected Mohamed Shukri as the new Governor of a proposed unified CBL. However, Kabir and the High State Council in Tripoli have rejected this appointment. They regarded the appointment as a unilateral action, contrary to the terms of the Skhirat Libyan Political Agreement of December 2015.

Article 15 of the Libyan Political Agreement signed to by both the HoR and High State Council, states that the HoR must consult with the State Council when appointing any top positions, including the Governor of the CBL.

On the other hand, on 11 July head of the Presidency Council and Government of National Accord, Faiez Serraj, called on the UN to establish an international committee to audit the transactions of the Central Bank of Libya branches in Tripoli and in Beida.

His call came after the LNA handed over the eastern oil cresent to the eastern-based National Oil Corporation (NOC), rather than returning them to the Tripoli NOC, based on the pretext that the Tripoli CBL was financing what they called Islamists or terrorists, including Ibrahim Jadran.

 

https://www.libyaherald.com/2018/01/30/shukri-confirmed-as-cbl-governor-by-hor-vote/

 

https://www.libyaherald.com/2018/05/24/deputy-hor-head-calls-on-state-council-to-install-shukri-as-new-cbl-governor/

 

https://www.libyaherald.com/2017/12/20/unsmil-rejects-hor-election-of-shukri-as-central-bank-governor-says-elkaber-still-in-place/

 

https://www.libyaherald.com/2018/07/18/unsc-responds-positively-to-libyan-request-for-audit-of-spending-by-its-central-banks/

 

Tags: CBL Governor Saddek ElkabercorruptionfeaturedHoR House of RepresentativesIbrahim JadranLNA Libyan National ArmyLNA Spokesman Brigader Ahmed Mesmarimohamed ShukriOil Crescentterrorism

Related Posts

LTT and GIA sign cooperation agreement on electronic connectivity
Libya

General Information Authority organizes workshop to prepare a national strategy for artificial intelligence in cooperation with ESCWA

October 16, 2025
US conducts 57 anti IS airstrikes in Sirte
Libya

AFRICOM Deputy Commander visits Libya, announces Libyan participation in ”Exercise Flintlock 2026”

October 16, 2025
‘‘U.S. experts’’ visit Sirte’s single pivot agricultural irrigation circles – 87 irrigation circles will be restarted in 2025
Libya

National Development Authority signs contract to develop Sirte’s Mahari Hotel and the Guest Palaces area in line with Libya’s 2030 Vision

October 13, 2025
Atletico Madrid win Benghazi’s Reconstruction Cup after beating Inter Milan 4-3 on penalties – great political showpiece for Hafter
Libya

Atletico Madrid win Benghazi’s Reconstruction Cup after beating Inter Milan 4-3 on penalties – great political showpiece for Hafter

October 13, 2025
No saviour for Libya except through constitutional based elections to end transitional periods: Grand Mufti
Libya

Grand Mufti raises objections to CBL’s supposedly Islamic – Sharia compliant certificates of deposit

October 12, 2025
Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Two detained in Aman bank Ajdabiya branch for LD 1.063 million fraud to trade in foreign currency

October 10, 2025
Next Post
HoR continued debate of constitution referendum bill – adjourns for vote tomorrow

HoR continued debate of constitution referendum bill – adjourns for vote tomorrow

HoR fails to vote on constitution referendum bill – adjourns for two weeks

HoR fails to vote on constitution referendum bill – adjourns for two weeks

libyaherald-Ads

Top Stories

  • Atletico Madrid win Benghazi’s Reconstruction Cup after beating Inter Milan 4-3 on penalties – great political showpiece for Hafter

    Atletico Madrid win Benghazi’s Reconstruction Cup after beating Inter Milan 4-3 on penalties – great political showpiece for Hafter

    0 shares
    Share 0 Tweet 0
  • Emirates Airlines security delegation visits Tripoli to begin Mitiga Airport inspection tour

    0 shares
    Share 0 Tweet 0
  • After its withdrawal from circulation of certain banknotes, CBL reveals that currency printed unofficially in Russia totalled to 6.5 billion dinars

    0 shares
    Share 0 Tweet 0
  • IOM identifies 894,890 migrants in Libya from 45 nationalities in May-July 2025 reporting period – 18 percent up on 2024

    0 shares
    Share 0 Tweet 0
  • National Oil Corporation discusses prospects for technical cooperation with America’s Halliburton

    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

CBL signs cooperation agreement with World Bank within Reserves Advisory and Management Programme (RAMP)

“Enhancing the Interaction between Finance and Entrepreneurship” workshop held in Misrata

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.