Libya's Central Bank Coup Turns to Farce with Plea for Passwords

A recent attempt to take control of Libya's central bank has devolved into chaos as the new leadership struggles to access essential passwords needed for operations. The interim deputy governor, Abdel-Fattah Ghaffar, publicly appealed for the passwords from the ousted governor, Sadiq Al-Kabir, who is currently unaccounted for. This power struggle is part of a broader conflict between Libya's rival eastern and western governments, with the eastern administration responding to the takeover by halting oil production. The new administrators, loyal to Prime Minister Abdul Hamid Dbeibah, found the bank abandoned and are now facing a liquidity crisis that threatens the financial stability of the country, which has a population of 6.8 million. Ghaffar emphasized the urgency of restoring bank operations to ensure that citizens can access their salaries and protect national assets. The situation highlights the precariousness of Libya's political landscape and the significant implications for its economy.

- Libya's central bank takeover has been hindered by a lack of access to necessary passwords.

- The power struggle involves rival eastern and western governments, impacting oil production.

- The new leadership is facing a liquidity crisis affecting the livelihoods of millions.

- The ousted governor's whereabouts are unknown, complicating the transition.

- Urgent calls have been made to restore bank operations and ensure public access to funds.