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Spotlight | Libya
Saddam Haftar puts eastern Libyan banks at his service

Saddam Haftar, the son and adviser of Khalifa Haftar, is seeking to take control of banking institutions in eastern Libya. With these sources of funding, he will be able to consolidate his power base and pay the bills of the Libyan National Army. [...]
Published on 16.12.2022 at 05:00 GMT Reading time 4 minutes
Finance, Politics

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Further reading

Inner circles | Libya
Central Bank of Libya at heart of battle between Dabaiba and Bachagha

With billions of dollars of oil revenues in its coffers, the politically powerful Central Bank of Libya has been presided over for a decade by the unbudgeable Al Seddik Omar Al Kabir. It recently began the process of reuniting with its breakaway branch in eastern Libya and found itself straight away in the middle of the tug-of-war between Abdelhamid Dabaiba and Fathi Bachagha for the premiership.

LogoSubscribers only Politics 18.02.2022
The Governor of the Libyan Central Bank (LCB) Al Seddik Omar al-Kabir.

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