No Result
View All Result
Saturday, February 7, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

‘‘Takeover’’ by the Handover Committee of the CBL – new temporary Governor appointed

bySami Zaptia
August 26, 2024
Reading Time: 2 mins read
A A
CBL receives results from meetings with international banks

‎Widespread photographic reports on social media show the ‘‘entry’’ and takeover of the Central Bank of Libya (CBL) by the Presidency Council appointed Handover Committee. The committee is headed by the Tripoli based Transport Minister Mohamed Al-Shahoubi. The media reports say the committee claims it has begun its work at the CBL.

Meanwhile, the Presidency Council has also appointed Abdul Fattah Ghaffar as temporary CBL Governor ‘‘until the return of the Governor and the commencement of his work or the election of a governor, and to commit to implementing the financial arrangements until an agreement is reached on the general budget’’.

The Presidency Council decision to remove incumbent Governor Saddek El-Kaber and appoint a new board and Governor and appoint a Handover Committee, are all regarded as ‘‘illegal’’ by the two legislative bodies, the House of Representatives (HoR) and the High State Council, and by the Libyan Political Agreement.

At the time of publication, the Tripoli based government’s media pages are silent about the CBL events.

Yesterday, in a leaked letter, incumbent CBL Governor El-Kaber told the Tripoli based Acting Interior Minister Imad Trabelsi that he holds him responsible for the security of the CBL.

RELATED POSTS

84,000 boxes of cooking oil seized as part of anti-monopoly and price-fixing campaign

Ministry of Economy warns animal feed importers who had obtained LC to justify pricing structure and prove market availability of their imports

Trabelsi, it will be recalled, had announced last Friday that his Interior Ministry had taken over the security of the CBL. He had vowed that the CBL would not be taken by force.

He had also stressed that the decision to change the CBL Governor/Board was issued by an official body, which is an administrative matter that is not the competence of the security services. ‎

El-Kaber had also informed Trabelsi that he had informed the Attorney General of the attempted storming of the CBL.

Yesterday, the HoR had condemned attempts to storm the CBL by force under what it called ‘‘decisions and committees from illegitimate and unrelated parties (the Presidency Council) in accordance with the law appointing or dismissing the bank’s governor, deputy or board of directors’’.‎

 

CBL Governor El-Kaber reports attempted storming to Attorney General – holds Interior Minister responsible for its security

HoR condemns attempted storming of CBL (libyaherald.com)

No intention to storm Central Bank by force and administrative crisis has nothing to do with security authorities: Acting Interior Minister Trabelsi (libyaherald.com)

Presidency Council to elect new board and Governor of CBL (libyaherald.com)

HoR confirms El-Kaber as Governor of the CBL (libyaherald.com)

The end of the road for current CBL Governor El-Kaber? (libyaherald.com)

UNSMIL rejects HoR election of Shukri as central bank governor, says Elkaber still in place | (libyaherald.com)

CBL Governor Saddek Elkaber sacked again | (libyaherald.com)

 

Related Posts

Libyan Islamist accused of assassinating four in US Benghazi Consulate in 2012 arrives under arrest in Washington DC
Libya

Libyan Islamist accused of assassinating four in US Benghazi Consulate in 2012 arrives under arrest in Washington DC

February 6, 2026
Saif al-Islam Qaddafi buried in Bani Walid next to his brother – thousands attend funeral as supporters of former regime display old green flag
Libya

Saif al-Islam Qaddafi buried in Bani Walid next to his brother – thousands attend funeral as supporters of former regime display old green flag

February 6, 2026
International Criminal Court reiterates that it needs state cooperation to arrest and transfer Saif Qaddafi to its court
Libya

Attorney General’s Office confirm Saif al-Islam Qaddafi’s death – Initial examination of corpse confirm death caused by gunshots

February 4, 2026
Wafa Fezzan Initiative launches its first phase through installation of solar power systems on farms in Bawanees region
Libya

Wafa Fezzan Initiative launches its first phase through installation of solar power systems on farms in Bawanees region

February 4, 2026
Largest-ever Libyan government delegation to visit Washington first week of September
Libya

Boulos confirms holding Paris meeting last week between east and west Libya

February 4, 2026
ICC postpones Saif Al-Islam extradition request
Libya

Saif al-Islam Qaddafi killed, 444 Combat Brigade denies connection – Attorney General opens investigation

February 4, 2026
Next Post
CBL receives results from meetings with international banks

Several banking operations suspended due to CBL crisis

Libya’s eastern government meets Egyptian companies to discuss post Storm Daniel reconstruction

Eastern based Libyan Government declares force majeure on eastern based oil fields and export shutdown

Top Stories

  • ICC postpones Saif Al-Islam extradition request

    Saif al-Islam Qaddafi killed, 444 Combat Brigade denies connection – Attorney General opens investigation

    0 shares
    Share 0 Tweet 0
  • AmCham Libya organises its first-ever U.S. Company Healthcare Workshop in Libya from 27 to 28 January

    0 shares
    Share 0 Tweet 0
  • Attorney General’s Office confirm Saif al-Islam Qaddafi’s death – Initial examination of corpse confirm death caused by gunshots

    0 shares
    Share 0 Tweet 0
  • The Libyan European Forum for Transport and Telecoms opened in Malta from 30-31 January

    0 shares
    Share 0 Tweet 0
  • Agricultural Ministry discusses with international companies and local banks integration of solar energy into agricultural projects using Islamic finance

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

84,000 boxes of cooking oil seized as part of anti-monopoly and price-fixing campaign

Ministry of Economy warns animal feed importers who had obtained LC to justify pricing structure and prove market availability of their imports

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.