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LIBYA

CBL governor Al Kabir blocks payment of Deloitte audit

A UN-ordered audit of the Central Bank of Libya and its Eastern rival is being blocked by governor Al Seddik Omar Al Kabir in a move that could earn him UN sanctions. [...] (426 words)

Issue dated 10/07/2020 Reading time 2 minutes

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Deloitte takes a plunge into Libyan oil for Washington

Auditing giant Deloitte has just signed two contracts with the United States to carry out studies on the Libyan oil sector. [...]

LIBYA 15/01/2021

Central bank governor al-Kabir on a knife edge

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Seddiq Al Kabir, governor of the Central Bank of Libya. © Hamza Turkia / Xinhua News Agency/Newscom/MaxPPP

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Odds against Central Bank governor Al Kabir as board meeting looms

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The governor of the Libyan Central Bank Al Seddik Omar Al Kabir, has remained in office sincehis term expired in 2014. © Sabri Elmhedwi/EPA/MaxPPP

LIBYA 26/11/2020

IRINI struggles to assert itself in Libyan waters

The naval operation to patrol the Mediterranean is organising a conference involving military commanders and diplomats against a backdrop of growing tensions between IRINI and Turkey. [...]

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Al Kabir seeks to retain control of Libyan Foreign Bank

Central Bank Governor Al Seddik Omar Al Kabir wants to extend one of his lieutenants' term as chairman of the bank, which could end up receiving all national oil revenues. [...]

Al Seddik Omar Al Kabir, Governor of the Central Bank of Libya. © Reuters

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Spotlight

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Behind-the-scenes battle in Tripoli for top intelligence job

The coveted post of Tripoli intelligence chief is giving rise to a power struggle within the government as Turkey considers a major overhaul of the intelligence services. [...]

LIBYA 15/06/2020

Libyan Investment Authority: UN picks EY for hazardous audit job

EY has been entrusted with the vast audit of the Libyan sovereign wealth fund amid an escalating row between the authority's chairman Ali Mahmoud Hassan and prime minister Fayez Sarraj, who would like to see him gone by the end of the month. [...]

LIBYA 26/05/2020

Tripoli Central Bank of Libya governor Al Kabir loses closest ally Tarik Yousef Al Megarief

Libyan "paymaster" Al Seddik Omar Al Kabir has lost the support of his right-hand man. Tarik Yousef al Megarief is now campaigning against Al Kabir on the central bank's board. [...]

LIBYA 13/05/2020

Sarraj wins battle with Audit Bureau to resume audit of feuding central bank

A new ruling from the Supreme Judicial Council of Tripoli has cleared the way for Fayez Sarraj to conduct an audit of the country's split central bank. He is hoping the UNSMIL-led mission will lead to the ousting of the Central Bank of Libya governor Al Seddik Omar Al Kabir. [...]

Prime Minister Fayez Sarraj (right) with the Central Bank of Libya governor Al Seddik Omar Al Kabir. © DR

LIBYA 19/03/2020

Audit Bureau blocks Deloitte's central banks audit

The United Nations Support Mission in Libya (UNSMIL), which has been headed provisionally since March 11 by Stephanie Williams, is [...]

Spotlight

LIBYA 07/11/2019

Khalifa Haftar consolidates his Tripoli front as the UN marks time

The United Nations discreetly opened a new round of crisis-exit talks in Montreux, Switzerland, on November 1 and 2. But, as these talks drag on, Khalifa Haftar is consolidating his positions on the Tripoli battle front. [...]

Focus

LIBYA 21/10/2019

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LIBYA
Ahmed Shakshak
Al Seddik Omar Al Kabir
Audit Bureau
Central Bank of Libya
Deloitte
Faraj Bumtari
Fayez Sarraj
Muslim Brotherhood
Recep Tayyip Erdogan
Stephanie Williams
Supreme Judicial Council of Tripoli
Taher Jehaimi
United Nations
UNSMIL

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