Circular Letter No. 74/2013

Central Bank of Libya
P.O. Box 1103 | Telegram Address: Mustafaia - Tripoli - Libya

Reference No. ARM N / 731
Circular Letter No. (2013/74)
Date: 23 Jumada al-Thani
Corresponding to: April 4, 2013

To the General Managers of Commercial Banks
To the Heads of Interim Administrative Committees of Commercial Banks To the General Manager of the Libyan Foreign Bank

Greetings,

This Department has received a letter from the Minister of Defense of the Libyan Transitional Government, bearing Reference No. W.D-117/4233 dated March 21, 2013, addressed to the Governor of the Central Bank of Libya, which refers to his letter dated January 5, 2012, regarding the non-release, authorization, or provision of any information concerning accounts belonging to Libyan Army units except by a letter from the Minister of Defense alone, and which requests confirmation to all banks operating in Libya not to release, open, or provide any information concerning accounts belonging to all Libyan Army units except through a letter issued by the Minister of Defense. This request refers to our Circular Letter No. ARM N (2012/13), dated January 18, 2012, which was issued following the letter from the Minister of Defense of the Transitional Government bearing Reference No. 64/120 dated January 5, 2012, regarding the regulation of the mechanism for handling National Liberation Army accounts.

And with reference to our Circular Letter No. ARM N (2012/204), dated August 6, 2012, which was issued following the letter from the Minister of Defense of the Transitional Government bearing Reference No. 48-3996 dated July 15, 2012, regarding the non-release of authorization or provision of any information concerning accounts belonging to Libyan Army units except by a letter from the Minister of Defense alone.

And as we enclose herewith a copy of the letter from the Minister of Defense of the Transitional Government dated March 21, 2013, referred to above, you are requested to take the necessary measures regarding it, and to implement its contents.

Peace, mercy, and blessings of God be upon you Abdulmajid Mohammed Al-Maqouri Deputy Director, Banking and Currency Supervision Department

Copies to:
To the Governor
To the Deputy Governor
To the Undersecretary of Defense
To the Director, Banking and Currency Supervision Department To the Egyptian Affairs & Compliance Monitoring Section

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