Tuesday, May 17, 2022

Sources reveal details of US Ambassador and CBL Governor meeting

Sources reveal details of US Ambassador and CBL Governor meeting

Sources have revealed the details of the meeting between U.S. Ambassador to Libya, Richard Norland, and Governor of Central Bank of Libya (CBL), Siddiq al-Kabir.

The meeting was attended by an American team to talk about CBL unification and the Deloitte company report about the Bank.

After the meeting with the American team, a private meeting took place between Norland and al-Kabir, which lasted for about an hour.

The ambassador talked about the US policy towards Libya during the coming period, regarding CBL and National Oil Corporation (NOC).

American plan proposes formation of a financial committee of 3 Libyan personalities to manage the Libyan funds.

The committee is made up of Siddiq al-Kabir, NOC Chair Mustafa Sanalla, and a third person.

It will work from Malta or Tunisia and take over the management of CBL and NOC, drying up the sources of corruption and not spending on the two governments and armed groups.

U.S. wants the disbursement of Libyan funds to the municipalities and on salaries only.

Through UN Special Adviser on Libya, Stephanie Williams, U.S. wants to establish a constitutional basis for the elections in June by consensus between the House of Representatives (HoR) and the High Council of State (HCS).

If the consensus fails, it will turn to forming a committee for dialogue, away from HoR and HCS.