{"id":32175,"date":"2020-06-13T12:35:08","date_gmt":"2020-06-13T12:35:08","guid":{"rendered":"https:\/\/tabadul.demo.ly\/en\/the-mistery-of-libyas-looted-money-and-the-economic-manipulation-of-international-and-military-interests-in-the-country\/"},"modified":"2020-06-13T12:35:08","modified_gmt":"2020-06-13T12:35:08","slug":"the-mistery-of-libyas-looted-money-and-the-economic-manipulation-of-international-and-military-interests-in-the-country","status":"publish","type":"post","link":"https:\/\/tabadul.tv\/en\/the-mistery-of-libyas-looted-money-and-the-economic-manipulation-of-international-and-military-interests-in-the-country\/","title":{"rendered":"The Mistery of Libya’s Looted Money, And The Economic Manipulation Of International And Military Interests In The Country"},"content":{"rendered":"\n
\u00a0Since 2016, Moscow has reportedly printed over $9 billion in Libyan money (dinars) for Haftar and transported it through the EU state of Malta.\u00a0 <\/p>\n\n\n\n
HROMADSKE reported that last month, the Maltese government seized $1.1 billion in \u201ccounterfeit Libyan currency\u201d printed by Russian state company Goznak, which manufactures banknotes.\u00a0 <\/p>\n\n\n\n
In response, the US Department of State issued a statement, praising the authorities and denouncing the currency as \u201ccounterfeit\u201d and \u201cordered by an illegitimate parallel entity.\u201d It stated that the Central Bank of Libya in Tripoli is Libya\u2019s only legitimate central bank.\u00a0 <\/p>\n\n\n\n
Russia\u00a0rejected the US statement, saying Libya has two central banks – one in Tripoli and one Haftar-controlled in eastern Libya. <\/p>\n\n\n\n
The Libyan Central Bank gets the country\u2019s banknotes also printed abroad and shipped through Malta. Apart from occasional crackdowns, a tiny EU island-state allows the transit of both official and Russian-made Libyan dinars. Why? Corruption and the migration crisis. According to the Central Bank of Malta, the local illegal economy \u2014 mainly smuggling \u2014 produces 21% of GDP. <\/p>\n\n\n\n
\u00a0In 2011, just before Gaddafi was ousted, British authorities seized equivalent to 1.86 billion pounds of dinars, printed as part of a contract with the leader. This was done by British company De La Rue, the largest banknote producer in the world and Goznak\u2019s biggest competition. After that, Libya\u2019s Central Bank manager switched to the rebel side, the country ran out of cash and the people overthrew the dictator.\u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0Since 2016, Moscow has reportedly printed over $9 billion in Libyan money (dinars) for Haftar and transported it through the EU state of Malta.\u00a0 HROMADSKE reported that last month, the Maltese government seized $1.1 billion in \u201ccounterfeit Libyan currency\u201d printed by Russian state company Goznak, which manufactures banknotes.\u00a0 In response, the US Department of State […]<\/p>\n","protected":false},"author":1,"featured_media":37029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9271],"tags":[10228],"class_list":["post-32175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-economic-manipulationeconomyinternational-interestslibyalibyan-moneylooted-moneymaltamilitary-interestsrussia"],"_links":{"self":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/32175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/comments?post=32175"}],"version-history":[{"count":0,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/32175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media\/37029"}],"wp:attachment":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media?parent=32175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/categories?post=32175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/tags?post=32175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}