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The central bank said its operations would not resume until Msallem was released
The Libyan Central Bank has announced the suspension of all its operations after the kidnapping of one of its executives in the capital Tripoli. The bank denounced in a statement the kidnapping of its IT director Musab Msallem.
The bank statement said that Msallem was abducted from his home by an “unidentified person” and that other employees had been threatened with kidnapping. The central bank said its operations would not resume until Msallem was released.
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The central bank, which is independent but owned by the Libyan state, is the sole internationally recognized repository of Libya’s oil revenues, a vital economic source of income for a country torn for years between rival governments in Tripoli and Benghazi. It comes a week after the central bank was besieged by gunmen. According to some reports, the gunmen did this to force the resignation of the bank’s governor, Seddik al-Kabir. In office since 2012, Mr Kabir has been criticized for his management of oil resources and the state budget.
