Libya’s Central Bank Resumes Operations After Release Of Kidnapped Official

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Libya’s Central Bank, in Tripoli on Monday resumed its operations after the release of a senior official, whose abduction on Sunday had caused a brief suspension of operations, the bank said in a statement.

CBL confirmed the release of the head of its information technology department Musaab Muslamm, who was taken on Sunday by an “unknown party.”

The central bank is the only internationally recognised depository for Libyan oil revenues, which provide vital economic income for a country torn for years by conflict between two rival governments in Tripoli and Benghazi.

The governor, Sadiq Kabir, had held a meeting with the department’s managers, the bank said in the statement, adding that they had discussed the latest developments following the release of Muslamm and his safe return.

Libya has enjoyed little peace since the 2011 NATO-backed uprising that overthrew longtime dictator Muammar Gaddafi, and it has for some years been divided between warring eastern and western factions.