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suspicious deal between lybian Central Bank and Turkey
The debate continues to escalate over the details of the agreement signed months ago between the Turkish government

“suspicious deal” between lybian Central Bank and Turkey

The debate continues to escalate over the details of the agreement signed months ago between the Turkish government and the reconciliation government in the capital, Tripoli, following the issuance of new leaks revealing each of its chapters and details, which observers believe are revealing the real reason for Ankara’s refusal to withdraw from it despite the denunciations that It was raised by those who rejected it inside and outside Libya.

The last disclosure of the hidden details of the agreement of Fayez al-Sarraj, with Turkish President Recep Tayyip Erdogan, the Libyan Central Bank pumped four billion dollars in a zero-interest deposit in the Turkish Central Bank, which was considered as a support of Ankara’s economy, which has been suffering for the past two years until today. The Turkish lira lost more than 25 percent of its value against the US dollar, while Qatar’s pledges to pump $ 15 billion into the Turkish treasury did not stop the Turkish currency from falling.

The head of the cash liquidity committee at the parallel Central Bank of Libya in the Libyan city of Al-Bayda, east of Benghazi, Ramzi Al-Agha stated that the management of the Central Bank of Libya in Tripoli had completed a banking process with the Turkish Central Bank, describing it as a “suspicious transaction”.

“The deal includes a zero-sum deposit of four billion dollars in the Turkish Central Bank for a period of four years,” Al-Agha said, noting that “the central bank in Tripoli took advantage of the usurious interest prevention law issued by the General National Congress in 2012, which eliminates interest on Deposits, direct credit and secure an interest-free deposit in cooperation with the Turkish government. “

“This deposit is not the first but the fifth, as the assets of the Libyan state were exploited from foreign currency sales through oil revenues,” the Aga added, “the Libyan central is not entitled to break that deposit only after the end of the period agreed upon with the Turkish side.”

He explained that “the deposit will increase the Turkish central reserves of foreign currency, and this will have a positive impact on the stability of the exchange rate of the Turkish lira,” as well as “a guarantee of the agreements concluded between the Turkish side and the Government of Conciliation, with regard to the supply of weapons and drones.”

He indicated that “it will cover the costs of treating the wounded militia fighters, as well as recovering the rights of Turkish companies that have contracts for projects inside Libya since the days of Muammar Gaddafi and their implementation has stopped, and Turkish President Erdogan has recently demanded compensation for it.”

Officials at the information office of the Central Bank of the Al-Wefaq government in Tripoli declined to comment on the statements of central bank officials in the eastern city of Al-Bayda.

Although more than two weeks have passed since the head of the cash liquidity committee at the parallel bank in Al Bayda, Ramzi Al-Agha, regarding the deal he described as “suspicious” between the management of the Central Bank of Libya in Tripoli and the Central Bank of Turkey, amounting to four billion US dollars for a period of 4 years, Any official comment will be issued by the Central Bank in Tripoli or by the Al-Wefaq governments

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