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Home Business

CBL denies delay in payment of HoR salaries

byNewsdesk1
September 5, 2014
Reading Time: 1 min read
A A

By Libya Herald reporters.

Tripoli, 5 September 2014:

The Central Bank of Libya (CBL) has flatly denied that it has withheld salaries from . . .[restrict]members of the House of Representatives (HoR).

In response to what he called, “rumours”, circulating on social media networks, spokesman for the CBL Essam Al-Oul announced on his official Facebook page that the information was unreliable. Furthermore, he chastised the media for failing to confirm the facts before releasing the story.

The CBL has been under fire in recent days, as its governor, Saddek Elkaber, has failed to show up for questioning by the HoR and instead has sent his deputy Ali Salem Hibri to speak on his behalf.

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On Tuesday, the CBL issued a statement warning that any interference in its independence and stability could offer adequate justification for international actors to freeze its assets.

A freeze on the CBL’s assets by the international community, it warned, would mean that the assets of the Libyan state would be managed by international parties, as was the case in 2011, and the resultant difficulty in unfreezing them would follow. The loss of control of Libya’s assets would lead to a loss of sovereignty. This would not be in the interest of the country and its security and stability, the CBL statement warned. [/restrict]

Tags: CBLHoRLibya

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