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Home Libya

Central Bank of Libya pours scorn on strike call

byMichel Cousins
July 5, 2017
Reading Time: 1 min read
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By Libya Herald reporter.

Saddek-Omar-Elkaber-Governor-of-Central-Bank-of-Libya-1
Saddek Elkaber (file photo)

Tripoli, 3 April 2017:

The Central Bank of Libya (CBL) has rebuffed calls for a strike tomorrow apparently made by members of staff, suggesting they were disinformation and criticising the media for publicising them. All the banks’ departments were operating normally at present, a statement today from the CBL’s governor Saddek Elkaber read.

An announcement yesterday, purportedly  from a hitherto unknown group of CBL staff, called for Elkaber’s resignation, accusing him of being behind the collapse of the country’s financial system and  of the dinar as well as a number of other wrongdoings.

Claiming that they would remain on strike until he quit, they also alleged that he was earning over half a million dollars a year as a result of his job as bank governor plus other remnuerations from related posts.

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A prominent post Elkaber has is chairman of the Barhain-based Bank ABC, one of the biggest Arab international banks and 59-percent owned by CBL.

Condemning the media for publicising the strike call without checking facts, the CBL statement said doing so could destabilise the situation in Libya.

For its part, the strike call statement urged the authorities in Tripoli and at Mitiga airport to prevent Elkaber from leaving the

country.

Tags: featuredLibyaSaddek Elkaber
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