Central Bank of Libya freezes money-laundry suspected bank accounts

The Central Bank of Libya has frozen the bank accounts of 150 companies and 450 individuals in an attempt to exact the laws across the country.

The CBL said the freezing of those accounts comes as an implementation of law number (2) for 2005 related to fighting money laundry in Libya.

It added that the owners of those accounts have been referred to the General Prosecutor for taking the necessary legal procedures against them.

Meanwhile, Libyan banks are under a standstill situation as no cash is found in almost all of the commercial banks in the country, which sparked furious protests among citizens and led to uncontrollable anger at the state institutions.