CBL- Benghazi refutes UN Panel of Experts report and confirms validity of funds transfer procedures

The Address | Benghazi – Libya

BENGHAZI – The Committee charged with receiving the headquarters of the Central Bank of Libya (CBL) in Benghazi denied the report of the United Nations Panel of Experts regarding transferring funds from CBL by the Libyan National Army (LNA) to unknown destination, stressing that the report was totally invalid.

The Committee, charged in accordance with a decree of the Governor of CBL, stressed that it had received all the funds, damaged or undamaged, from the vaults of the old headquarters of CBL in Benghazi and transferred them to the new headquarters in al-Hawari area in the city.

The Committee also published a video footage of the stages of entring the old headquarters of the destroyed bank and the process of examining the damage and the removal of damaged and undamaged money. The Committee confirmed that a delegation from the United Nations Mission in Libya (UNSMIL) visited the Bank, following up on and witnessing the transfer process and the inspection of damaged money. The Bank Administration asked the UN delegation to help in handling the contaminated and damaged cash, but the delegation did not respond to the bank’s demands so it stored them again.

The Bank’s Administration pointed out that all the procedures for taking the funds out were valid and in follow-up of the Attorney General’s Office, Benghazi Security Directorate and the Libyan National Army (LNA), which secures banks and the processes of funds transfers. The Committee confirmed that the undamaged money were transferred to commercial banks to pay salaries for months. They were also used to settle some financial obligations and internal and external debts of commodities, medicines and other obligations, as stated.


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