More than a billion dinars have been withdrawn from the eastern banks in treasury bills issued by Al-Thanni government and the central bank in Al-Bayda, Press Solidarity reported.
The news agency quoted a source as saying that LYD 1.750.000.000 were withdrawn by the ministry of finance of Al-Thanni government despite the fact that there is no provision for treasury bills in the Libyan law.
The source confirmed that the Libyan law prohibits treasury bills, saying also an amount of 5 billion dinars were withdrawn by Al-Thanni government, leaving the banks there in liquidity crisis.
Many banks in eastern Libya were closed due to lack of cash over the past months.
Early this month, angry protesters went to the streets of Al-Bayda to denounce the deteriorating living conditions in the city. The protesters accused Al-Thani government of being behind all the problems in the city including lack of cash and blackouts.