Head of Libyan Investment Authority (LIA) Sacked

Prime Minister Ali Zeidan [Zidan] has announced the replacement of the head of the Libyan Investment Authority (LIA), the country's sovereign wealth fund, after the government deemed his performance unsatisfactory.

He said deputy central bank governor Ali Mohammed Salem Hebri would temporarily replace Mohsen Derregia until a permanent replacement was found.

(Source: Reuters)

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