Former Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, has disclosed that the House of Representatives (HoR) insisted on allocating six billion dinars to the parallel government headed by Fathi Bashagha.

In a televised interview, Al-Hibri said that the HoR's decision to dismiss him came after he rejected this request.

"There were two letters addressed to the HoR, the first issued by the head of the parallel government with a value of three billion and 890 million, and the second from the Minister of Finance, Osama Hammad, with a value of six billion," Al-Hibri explains.

He elaborated by saying that most of these funds were allocated to Chapter Three under the item of projects, indicating that he refused to disburse the funds citing that such projects need careful and in-depth study by the relevant sectors.

Economy