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Legalbrief   |   your legal news hub Tuesday 03 September 2024

‘Grave concern’ over threat to central bank

Libya’s House of Representatives (HoR) has condemned attempts to storm the headquarters of the Central Bank of Libya (CBL) by ‘committees from illegitimate and unrelated parties’. Legalbrief reports that the Libyan Presidential Council last Sunday announced that it had unanimously decided to replace the CBL and form a new board of directors. The UN Mission in Libya (UNSMIL) and the embassies of the US and UK have called on various actors to de-escalate in the wake of security tensions. The UNSMIL has expressed ‘grave concern’ about reports of mobilisation of forces in Tripoli, including the threats to use force to resolve the crisis surrounding the CBL. The Libyan Herald reports that the HoR said it holds these persons and entities fully, legally and morally responsible for such illegal acts and the consequent damage to the Libyan citizen and the country’s economy. It called on the Attorney General to urgently investigate this attack and bring ‎‎those responsible to justice.‎