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The Libyan Central Bank (CBL) has resumed normal operations following the release of a bank official who was kidnapped from his home last weekend.
Musaab Muslamm, the head of the bank’s information technology department, was abducted from the capital on Sunday by an unidentified group. The CBL had suspended all work until Mr. Muslamm’s safe return, citing threats of further kidnappings against its employees.
In a brief statement on Monday, the central bank confirmed Mr. Muslamm’s release and announced the resumption of its operations.
The CBL, the sole internationally recognized depository for Libyan oil revenues, plays a crucial role in the country’s economy. Its operations have been disrupted by ongoing political instability and violence since the overthrow of Muammar Gaddafi in 2011.
The abduction of Mr. Muslamm is the latest in a series of attacks targeting the central bank. Last week, the bank was subjected to a siege by armed men, according to local reports. The assailants reportedly demanded the resignation of CBL Governor Seddik al-Kabir, who has faced criticism over his management of oil resources and the state budget.
On Monday, Governor Kabir discussed the increasing threats to the central bank’s security with the British ambassador to Libya. The abduction of Mr. Muslamm highlights the challenges faced by the CBL in maintaining its operations amid the country’s ongoing conflict.
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