The General Manager of the Libyan Islamic Bank, Adel Kashad, told our source that the letter imposing a travel ban on him was issued by an entity lacking legal legitimacy. He noted that this was confirmed by the Office of the Public Prosecutor in its correspondence to public authorities, emphasizing that investigative procedures must be handled exclusively by the legitimate authority—not the entity that imposed the travel ban.
He stated that, legally, a travel ban can only be issued by the judiciary or the Public Prosecutor, and no other body has the authority to enforce such a decision.
Kashad added that he had previously facilitated cooperation by allowing the concerned party to establish an office within the bank. However, they later submitted unlawful requests, including demands to disclose confidential bank account information in violation of the law.
He further stressed that all banking operations at the Libyan Islamic Bank are conducted in accordance with applicable legislation and are subject to oversight by the Central Bank of Libya. He affirmed that these measures are a legal obligation to protect banking confidentiality and safeguard customer data.
