BREAKING NEWS

Libyan central bank chief surfaces

By REUTERS

MARCH 9, 2011 06:07

SINGAPORE - Libya's central bank governor has surfaced to confirm he has been in Istanbul, but did not reveal whether he remained loyal to Muammar Gaddafi or was siding with the opposition, the Financial Times reported.

The Libyan government said on Tuesday that Finance Minister Abdulhafid Zlitni had taken over temporarily as head of the central bank because Governor Farhat Omar Bengdara was abroad. Bengdara's whereabouts had been unclear for the past two weeks.

The FT's website said Bengdara, whom it described as "the man who holds the keys to the Gaddafi regime's finances", had contacted the paper by email late on Tuesday to say that he had been informed of the move and that he had been in Turkey.

But he insisted that he was doing his job and was abroad because it was easier to conduct business there than in Tripoli, the FT said.

He said he would resign after the current crisis, adding that he had been working over the past two weeks to explain the central bank's position and clarify the effect of the international effort to freeze Libyan assets, the FT said.

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