The liquidity team of the Central Bank of Libya revealed exclusively to our source, that these moments have arrived at Benina Airport in Benghazi, a second cash shipment worth 100 million dinars coming from Tripoli to the branches of Jumhouria Bank in the eastern region, and the team is working to transfer other shipments this week.
This is within the framework of the Central Bank of Libya’s plan to provide liquidity in all branches of commercial banks and in all regions of Libya.
An oil source revealed, in an exclusive statement to our source, that it is possible to issue a court ruling tomorrow in the case filed by the former head of the National Oil Corporation, Mustafa Sanalla, and the head of the National Unity Government, Abdul Hamid Dbeibeh.
The oil notables threaten once again that Sanalla’s return will contribute to the closure of oil fields again.
An oil source confirmed exclusively to our source about the assignment of Aymen Abdul Mawla Al-Mismari as director of the National Oil Corporation’s Benghazi branch, instead of Khaled Al-Khafifi, by the CEO Corporation, Farhat Ben Gdara.
The source added: “this assignment came as part of the organizational measures taken by the corporation in order to organize work and remove obstacles to the flow of supplies to sites and ensure the stability of oil operations in various regions and cities.”
The Director of Middle East and North Africa Programs at the United States Institute of Peace, Elie Abu Aoun, told our source where he said: “It is possible for the Central Bank of Libya in the east of the country to resort again to printing unofficial currency, as this bank had previous dealings in particular.”
Elie added to our source that “in the short term, we do not have data, but in case of a deterioration among the central banks, the central bank will certainly return to the east of the country to print the currency.”
Our source obtained a document in which the Director General of the General Electricity Company, Mohammed Ben Ismail, the Director of the General Administration of Financial Affairs and the Director of the General Administration of Development Contracts and Accounts, demanded to stop the disbursement of any money except with direct instructions from the Director General or the Chairman of the company’s board of directors.
A source of the General Electricity Company stated that the expected reasons behind this decision are the extent of embezzlement and financial corruption in the sector.
US Deputy Ambassador to the United Nations, Ambassador Jeffrey DiLaurentis, praised the Central Bank of Libya’s recent initiative to issue more detailed monthly statements, which would reduce suspicion among the leading factions and build public confidence in the bank.
These developments take place concurrently with a disappointing step back in reunification of the Central Bank of Libya.
DiLaurentis said: While we applauded the recent initiative of the Central Bank to release more detailed monthly statements, which should reduce suspicion among leadership factions and build public trust in the Bank, we are concerned that steps toward reunification have stalled amid reports the eastern-based branch is seeking to print currency abroad.
The Director of the Middle East and North Africa Program at the United States Institute of Peace, Elie Abu Aoun, told our source today, Tuesday, that “the Security Council is concerned about printing paper currency to Libya because it is considered outside the known standards for printing currency, securing parallel coverage, not exceeding 3% of the Gross Domestic Product and assessing the impact on the monetary situation and inflation.”
Elie confirmed to our source that this system for printing unofficial notes deepens the division and does not take into account the safety standards in the new banknotes.
It is noteworthy that the branch of the Central Bank of Libya in Benghazi seeks to print the currency with an official threat in a statement issued the last period.
Our source obtained exclusively the correspondence of the Minister of Economy in the National Unity, Mohamed Al-Huwaij, to the Director General of the Customs Authority. The correspondence included granting permission for Al-Indimaj company for chemical materials industry to import 100,000 used barrels of 200 liters capacity.
In this regard, our source communicated exclusively with sources at the Customs Authority and Ras Ajdir crossing, who reported that this shipment had previously been rejected by customs when the Director of the Office of the Minister of Economy requested it, as these barrels are used and prohibited, after which the Minister personally addressed the Director General Customs to implement and has already been granted permission for implementation.
Sources reported that this shipment is a “business” and a manipulation of decisions, as companies are excluded from others to supply what is prohibited.
It is noteworthy to mention that such barrels pose a threat to public health, so countries prevent their handling except with severe restrictions, as the materials that were used for them are carcinogenic.
Such an issue calls for the opening of a criminal investigation because of its extreme danger to all Libyans, as these barrels are used for watering livestock, the meat of which all Libyans eat, for distributing detergents, and for storing generator fuel.
The Mayor of Central Tripoli, Ibrahim Al-Khalifi, stated exclusively to our source that: “Tomorrow, the damages will be revealed by the committee to the areas where the clashes took place .”
The Mayor added: “Today, the mayor of Zawiat Al-Dahmani has counted the damage that occurred there, as we have temporarily opened the road. There is a petition signed by the people of the area to convert the damaged building into a national library as before.”
Our source confirmed that the notables of the Oil Crescent are warning of the closure of oil fields in case that the former head of the National Oil Corporation, Mustafa Sanalla returns to his position again.
According to the source, there is news of a ruling that will be issued soon in the case filed by Sanalla against the Prime Minister of the National Unity Government, Abdul Hamid Dbeibeh.
One of the patients present in Tunisia, Mohamed M’hamed, explained exclusively to our source that oncology patients in Tunisia suffer by all medical and humanitarian standards from the poor quality of medical services, the slow administrative procedures for opening files, the crowding in front of the embassy, and the large number of papers required for each dose or analysis, in addition to the distance between the embassy and the company’s headquarters to complete the procedures, the long waiting period under the sun, and the lack of toilets or sanitary conditions.
He also added: “The doctors responsible for oncology patients are among the least qualified doctors in Tunisia, not to mention the lack of attention to patients, poor treatment and failure to answer patients’ calls and inquiries.”
He continued that “Some clinics have limited beds to receive chemical doses, but a large number of patients are received, which causes crowding among patients and increases waiting hours.”
He wonders: “Why do they contract with a pharmacy in an area located on the outskirts of the capital, Tunis, in a popular area called “Raoued”, where the Libyan community does not reside and is far from the places where the Libyan community resides?”
He also explained that this pharmacy is a night pharmacy and cannot receive a dose of chemical or Medicines before 9:30 pm.
The Vice Chairman of the Financial Releases Committee, M. Ibrahim Masoud Abu Al-Maghayer exclusively to our source, saying that: “Approximately 80,000 are the number targeted for financial releases.”
This is after the decisions issued by the Prime Minister of the National Unity Government, Abdul Hamid Dbeibeh, at the tenth meeting of the Council of Ministers yesterday, Wednesday.
The expert in oil economics, Mohamed Al-Taher, spoke in a statement to our source commenting on the decisions issued by the Prime Minister, where he said: “The decisions of reactions are not in the interest of a balanced economy and do not achieve a long-term goal, and government spending decisions, whether to satisfy or appease, are nothing more than tension reducers for the state of anger among the masses.”
In the context of his speech, Al-Taher said: “In simple words, it can be said that the rational decision lies in increasing the efficiency of resource investment, raising the purchasing power of the currency, creating fields of production for all age groups who are of working age, reducing government spending, introducing mechanization into the wheels of the state and the state’s exit from a competing concept for the individual to be adopted for his creativity and motivating him to excel.”
An official source revealed, in an exclusive statement, that the Libyan Prime Minister Fathi Bashagha is in the city of Misrata, after what the city witnessed yesterday of demonstrations supporting him.
The General Manager of Libya Logistics Company, Al-Senussi Ba-iu, who is responsible for organizing Libya Transport and Logistic Expo, told our source that “the company organizes 4 specialized exhibitions annually, including Libya Transport and Logistic Expo.”
He added: “This exhibition is concerned with the entire supply chain, which consists of sea freight to travel and tourism through handling, training, security and safety, and logistics services.”
He also continued: “We thought about this matter so that we can reach the “gateway of Africa”, make it a real thing, and be among the ranks of the capable countries in terms of sea, air and land shipping.”
