Banking expert: Al-Kabir and Al-Dabaiba bear responsibility for the destruction of the Libyan economy

Banking expert Ibrahim Al-Haddad accused both Al-Siddiq Al-Kabir, Abdul Hamid Al-Dabaiba, and the government of eastern Libya of responsibility for the destruction of the Libyan economy, and the unstable financial, economic, and banking conditions.

Al-Haddad explained in statements to the “Sada Al-Eqtisadiah” newspaper that transparency and credibility are absent for both Al-Siddiq Al-Kabir and Al-Dabaiba, and they bear responsibility for the destruction of the Libyan economy, in addition to the government and institution of eastern Libya.

He pointed out that the current state of Libyan instability is due to the complete absence of financial, economic and monetary policies, the inefficiency of successive governments’ management and their waste of public money through random spending without real budgets, and finally to financial arrangements that violate the law of the state’s financial system.