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Central Bank of Libya Disowns Letter Allegedly Addressed to GNC About Asset Unfreezing.

Pulbished on:
Tripoli, 23 December 2015(Lana) The Central Bank of Libya has categorically dismissed a letter it was claimed to have addressed to the General National Congress under the number 164/2015 dated 26 November 2015, over unfreezing of Libyan assets with an amount exceeding $19 billion, as well as lifting sanctions on financial assets of more than 5 billion dollars and 1 billion Euros. In a statement, the CBL said 'the reports were but lies and fabrications by forces which stood to lose from the peace and stability in Libya, and who are simply ignorant of the standards and norms being observed by international financial institutions and organisations in pursuing their work, and who are intent on destroying the credibility of the Libyan establishment responsible for the monetary policy which is the Central Bank of Libya, which performs with professionalism and responsibility, acknowledged by both Libyans and the international monetary and financial institutions.' The CBL said it was committed to transparency and preservation of the Libyan money at the difficult juncture in which Libya is going through. =Lana=