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US Ambassador: Libya Needs Swift Actions to Restore Trust in the Central Bank

The US Ambassador to Libya, Richard Norland, stated in an interview with Egyptian television on Sunday that the recent action taken by the Libyan Presidential Council is a unilateral move and a risky step that has raised questions regarding the Central Bank of Libya following the dismissal of its governor, Seddiq Al-Kabeer.

Norland noted that concerns have been raised about the Central Bank and the recent intelligence raids that resulted in the seizure of documents and files, which have heightened fears regarding the fight against money laundering and terrorist financing.

According to Norland, the United States believes that Libya urgently needs swift actions to restore confidence in the Central Bank, allowing for normal financial transactions to resume. He expressed concern that efforts to resolve the Central Bank crisis could lead to a vicious cycle.

He added that Libya needs a unified decision regarding a credible leadership for the Central Bank that enjoys consensus among all parties.

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