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Dbeibeh’s LPTIC takeover could end his government, says Deputy PM

Dbeibeh’s LPTIC takeover could end his government, says Deputy PM

Deputy Prime Minister Hussein al-Qatrani has warned the premier Abdul Hamid Dbeibeh against changing the board of directors of the Libyan Post Telecommunications & Information Technology Company (LPTIC), which, if it happens, would be “the final nail in coffin of the Government of National Unity”.

In a letter addressed to Dbeibeh, al-Qatrani urged him not to cause “new division”, and pointed out that the managers of LPTIC subsidiaries rejected any change to the leadership of their parent company.

Founded in 2005, LPTIC is a state-owned company with a reported net asset value of 17 billion Libyan Dinars ($3 billion).

Ahmed Al-Sharkasy, a member of the Libyan Political Dialogue Forum (LPDF), has accused Dbeibeh of seeking control over LPTIC in order to use the company’s multi-billion assets to either “blow up the elections or gather popular support for the government.”