Exclusive: Documents Reveal Central Bank Directs Jumhouria Bank to Suspend Letters of Credit for Al-Bashir Printing and Publishing Company

Our source obtained exclusively a copy of the Central Bank of Libya’s correspondence to Jumhouria Bank, stating that the Governor has issued instructions to suspend all letters of credit in favor of Al-Bashir Printing and Publishing Company.

This measure will remain in effect until the oversight authorities verify the validity of the procedures and provide the necessary approvals.