High Council of State rejects Presidential Council’s decision to replace CBL board

The Media Office of the High Council of State (HCS) has published a statement on its Facebook page rejecting what it says “the Presidential Council’s encroachment on the powers of legislative bodies over the Central Bank of Libya’s (CBL) change of leadership case.”

“We reject these decisions because they are issued by a party that has no valid authorization and jurisdiction. We warn local and international parties not to deal with the administration assigned by the Presidential Council as it is illegitimate and is usurping power.” The statement reads.

The HCS said it would take legal measures to preserve its rights in accordance with the political agreement and the constitutional declaration.

The CBL governor, Al-Siddiq Al-Kabir, has filed a complaint with the Attorney General’s Office in Tripoli about “the storming of the Central Bank of Libya” by Presidential Council’s committee for the handover procedures.

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