Libya's elected parliament fires central bank head

AP News
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Posted: Sep 14, 2014 10:18 AM

CAIRO (AP) — Libya's state news agency says the country's newly elected parliament has fired the president of the central bank after he tried to prevent funds that had been allocated for the lawmakers from leaving the bank.

LANA said that a total of 94 lawmakers out of 102 who attended Sunday's session voted to fire al-Sadek al-Kabeir, who had punished his own deputy for allowing the transfers. The deputy, Ali al-Habri, will now take up the post. It was unclear if any funds have already been transferred from the bank.

Libya currently has two rival parliaments and governments. One is elected but based in Tobruk, where it moved after militias took control of the country's two largest cities. The second is the previous parliament in Tripoli, which is backed by Islamist-allied militias.