Libya's Central Bank Governor Flees Amid Militia Threats
The power struggle over Libya's central bank intensifies, disrupting banking operations and oil production.
- Governor Sadiq al-Kabir and senior bank staff have fled Libya due to militia threats.
- The Tripoli-based government attempted to replace al-Kabir, escalating tensions with the eastern administration.
- Banking operations are suspended, leaving citizens unable to access funds or make transfers.
- The eastern government has shut down oilfields, further destabilizing the economy.
- The UN has called for the protection of central bank employees and the lifting of force majeure on oil fields.