Libya's Central Bank denies World Gold Council's report about losing 27 tons since August 2011
The Central Bank of Libya (CBL) has confirmed that its gold reserves are the same without any decrease since August 20, 2011, according to a statement posted on its Facebook page on Monday in response to a report by the World Gold Council regarding gold reserves in Libya.
The CBL did not say how much Libya had of gold reserves, but it said that it carried out, within the framework of its plan for transparency and disclosure, an international audit of the gold reserves in 2022, adding that the results confirmed that the CBL maintained the same reserves without any change since August 2011.
The CBL called on all media outlets to look for accuracy and credibility when publishing any information or news related to its activities.
The World Gold Council said in its annual report on gold reserves that 27 tons of gold had disappeared from Libya since the overthrow of Muammar Gaddafi in 2011, adding that Libya's gold reserves went down from 143.82 tons in 2011 to 116.64 tons in 2014. Libya, the Council said, ranked among five Arab countries at the top of gold reserves' list of Central Banks around the world.