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Libya’s powerful central bank governor is fired as country’s deep divisions persist

KTVZ - NewsChannel 21

CAIRO (AP) — One of Libya’s dueling authorities unilaterally fired the country’s powerful central bank governor in an abrupt move that is likely to inflame tensions in the divided North African country. The presidential council in the capital of Tripoli, which is allied with the government that controls western Libya, removed Gov. Sadiq al-Kabir. That’s according to a decree issued late on Sunday. In his place, the council appointed Mohamed Abdul Salam al-Shukri as the new governor for the Central Bank of Libya, an economist and former deputy governor. Al-Kabir had led the central bank since October 2011 — the year that Libya was plunged into chaos after a NATO-backed uprising toppled longtime dictator Moammar Gadhafi.

Article Topic Follows: AP National News

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Associated Press

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