Libya’s c. bank halts operations after official kidnapped

Libya’s central bank has suspended all operations following the kidnapping of a senior official on Sunday. The bank, which manages the country’s oil revenues, is demanding the release of the abducted employee before resuming its activities.

Musaab Muslam, the head of the bank’s information technology department, was abducted by an unidentified group. The bank condemned the incident, describing it as a “mob-like” act and highlighting threats made against other officials.

The US ambassador to Libya, Richard Norland has warned that attempts to forcibly replace the bank’s leadership could lead to the country’s exclusion from international financial markets.

Attribution: Reuters

Subediting: Y.Yasser