Libya’s central bank governor, Sadiq al-Kabir, has fled the country due to threats and intimidation from armed militias. He claims that these actions are aimed at forcing him and other bank staff to return to work and comply with the interim Prime Minister’s attempts to replace him. For his part, Kabir accuses the Libyan premier of overspending and painting a misleading of the economy in his speeches. This power struggle over the central bank adds to the existing instability in Libya, which is already divided between Eastern and Western factions. The United Nations has called for a de-escalation of the situation and the protection of central bank employees.
Beleaguered Libyan Central Bank Governor Flees Armed Militia
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