CBL responds to Global Witness report on LC corruptionBy Sami Zaptia. London, 20 February 2021:The Tripoli Central Bank of Libya (CBL) today responded to the Global Witness report covered by Libya Herald yesterday. In today’s short response, the Tripoli CBL said ‘‘The Global Witness report emphasizes the importance of eliminating abuses within the LC system, a challenge the CBL has made a top priority. In the spirit of cooperation, the CBL provided Global Witness with accurate and objective information which has been ignored and not reflected in the report’’. Fraudulent Libyan Letters of Credit money entering international financial system via London – Report | (libyaherald.com)

Source: Libya Today February 20, 2021 19:03 UTC