Al-Kabir accuses new CBL board of “concealing facts”

The governor of the Central Bank of Libya, appointed by the House of Representatives, Al-Siddiq Al-Kabir, has accused the new board that is appointed by the Presidential Council of including fallacies in its report on revenues and expenditures, such as the increase in salary expenses by 1.1 billion dinars despite the statement stating that August salaries have not been included.

Al-Kabir said in a statement on Monday that the new board had hidden the existing obligations from the foreign exchange usage schedule with the aim of “concealing the facts”.

He has added that ending public debt cannot be done with the stroke of a pen, and that this task is within the jurisdiction of the executive and legislative authorities.

Al-Kabir called on the supervisory and judicial bodies to play their role and take appropriate measures.

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