Presidential Council freezes state institutions assets

  • Libyan Express |
  • Monday 4 April 2016


The Presidential Council of the UN-backed Government of National Accord issued a statement Sunday to freeze all of the assets and bank accounts of state institutions.

It explained in the statement that it will only keep the accounts that pay the citizens’ salaries only, while it will put all other bank accounts under the control of the PC.

This came after many meetings held Sunday at the PC headquarters in Tripoli Naval Base with the Governor of the CBL, the Head of the Audit Bureau, and some banks’ director managers.


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