“Public Money ISIS”… Interior Ministry Warns Currency Traders of Confiscation and “Where Did You Get This From?” Enforcement
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Faraj Aqaim, Undersecretary of the Ministry of Interior in the Libyan government, warned currency traders in areas under the control of the Libyan Armed Forces against keeping large sums of money in…
Exclusive: Presidential Council Requests Central Bank to Disclose Details of Cash Distribution and Money Supply During 2025
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Our source obtained a correspondence from the Director of the Office of the Chairman of the Presidential Council to the Director of the Central Bank of Libya. The letter requests a detailed report o…
Exclusive: Reports of Suleiman Al-Azzabi Resigning from Jumhouria Bank
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Our exclusive sources revealed that there are reports of the resignation of Suleiman Al-Azzabi from the management of Jumhouria Bank.
Al-Azzabi was appointed Director of Jumhouria Bank on 31 July…
Husni Bey: “Financing the Deficit Is a Complete Legal Violation and Impoverishes Libyans”
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Libyan businessman “Husni Bey” told our source that a collective agreement was reached among all parties during the banking forum session. He stressed that the Central Bank of Libya should not finan…
Al-Bouri to Sada: “K2 Is the Strictest Oversight on Foreign Currency Sales and Supports the Central Bank in Curbing Suspicious Transactions”
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Banking expert “Nu’man Al-Bouri” said in an exclusive statement to our source that digital transformation is not, in his view, a telecommunications problem. He added that talking about “zero cash” i…
Bouferna to Sada: “The Central Bank Prepares to Issue Investment Fund Rules After Resolving Legal Overlap with the Capital Market”
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Member of the Central Bank’s Board of Directors, Fakher Bouferna, told our source that the Central Bank has failed in some areas but succeeded in others, stressing that one year is not sufficient to…