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Africa News of Monday, 19 August 2024

    

Source: BBC

Libya central bank reopens after kidnapped official freed

The Central Bank is crucial for handling Libya's oil revenues The Central Bank is crucial for handling Libya's oil revenues

Libya's Central Bank resumed operations after Musaab Muslamm, its IT department head, was released from abduction.

Muslamm was kidnapped from Tripoli by unidentified individuals, prompting the bank to halt all work.

The abduction followed a recent siege by armed men demanding the resignation of the bank's governor, Seddik al-Kabir, who has faced criticism over financial management.

The Central Bank, crucial for handling Libya's oil revenues, is back to normal operations as Muslamm is now safe.

The incident underscores the ongoing instability in Libya, which is divided between rival governments.

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