Identical sources told Libya Al-Ahrar that a decision was circulated within the Presidential Council to suspend the Governor of the Central Bank, Al-Siddiq Al-Kabir.
According to the sources, the decision was made by a presidential decree due to misappropriation of funds deposited in a country overseas without legal cover.
The sources added that the Presidential Council took the step because “it has presidential powers; the position of the governor is vacant due to his previous dismissal and the expiration of the maximum legal term for the governor, estimated at 10 years.”
On the other hand, sources close to the governor denied to Al-Ahrar that any decision was issued to suspend or dismiss him from his position.
The sources said that it was not within the Presidential Council’s powers to suspend or dismiss the Governor of the Central Bank according to the constitutional declaration.
The sources added that their relationship with the Presidential Council is special, calling on all parties to prioritize the interest of Libya and to keep the Central Bank away from political conflicts as it is the safe of Libyans’ money and the country’s resources.
