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In Focus | Libya
Washington, Doha and Ankara wrestle for control of Central Bank of Libya

The unification of the two Central Banks of Libya (CBL) is a priority for Washington, which has been doing all in its power since September to oust the powerful governor of the Tripoli CBL, Al Seddik Omar Al Kabir. But al Kabir, who has been clinging to his post since the official end of his mandate in 2014, has backers in Doha and Ankara. [...]
Published on 21.10.2019 at 04:30 GMT Reading time 5 minutes Sarah Vernhes
A view of the Central Bank of Libya in central Tripoli.
A view of the Central Bank of Libya in central Tripoli. © Reuters
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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.

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