Continental Focus, International Reach

Libya’s Parliament Dismisses Central Bank Governor

Monday, September 15, 2014

Libya’s parliament dismissed the governor of the country’s central bank according to a parliamentary spokesman. Saddek Omar Elkaber, the bank’s governor, failed to attend a session at the House of Representatives to discuss alleged financial irregularities at the bank. The dismissal of Elkaber will leave his deputy governor in charge, Ali al-Hibri.

The difficulty in removing Elkaber lies in the fact that the elected parliament has been moved to Tobruk, in the far-east of Libya following the capture of Tripoli by armed opposition. The armed opposition group has reinstated Libya’s previous parliament in Tripoli, in which the Islamists were much stronger.

 


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