Western-Libyan Institutions Most Likely to Undergo Corruption Investigations

On 17 July, an article published by the British newspaper The Independent reports that the agreement backed by Britain to end the blockade on oil exports in Libya could lead to a purge in the Western-based Central Bank of Libya (CBL) and National Oil Corporation (NOC). The article refers to the crisis that developed in the Oil Crescent, and General Haftar's demand for Sabir Al Kabir's replacement as the head of the Tripoli-based CBL as a condition for handing over to Western institution the control of key oil infrastructure. On 13 July, General Haftar announced the handover of the control of the oil infrastructures, and reports suggest that this decision could be followed by the launch of investigations on allegations of corruption and abuse of power in Western institutions. Such reports have yet to be confirmed by official statements.Click here to read more.