The Central Bank of Libya (CBL) has halted its operations following the abduction of Musab Musallim, the bank’s IT director. On Sunday morning, August 18, Musallim was kidnapped from his home by unidentified individuals. The bank confirmed this incident in an official statement and expressed serious concerns for the safety of its staff.
According to the CBL, other senior officials have also received threats of kidnapping. In response, the bank has decided to pause all activities and suspend the work of its departments until Musallim is safely released.
The suspension highlights the severity of the situation. The CBL has emphasized that it will not resume normal operations until it is certain that its personnel are safe. This decision could have significant effects on Libya’s already fragile economy and raises concerns among both local and international observers.
The current disruption underscores the ongoing instability in Libya, where security challenges threaten vital institutions. The abduction serves as a reminder of the risks faced by those in key positions.