Rival central bank governors vie for control of Libya’s oil earnings - FT.com:
"The divisions opened up by Libya’s civil war have left it not only with two governments fighting for power but also with rival central bank governors — paving the way for a potential struggle over control of oil revenue and foreign currency reserves.
The central bank in Tripoli is run by Saddek Omar El-Kaber, even though he was sacked as governor in September by the internationally recognised parliament, which has since fled to Tubruq in the country’s east.
Mr El-Kaber, who is fighting his dismissal in the courts, has continued to disburse state salaries and subsidies across Libya but has blocked other spending from the budget that was agreed before the government split."
'via Blog this'
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