Russian Foreign Ministry Says US Statements Are Counterfeit, not the Libyan Dinars – Al Marsad

Moscow rejected the US accusations of printing counterfeit currency for Libya after the US embassy in Libya alleged that Malta announced last Tuesday the seizure of a massive shipment of “unofficial” Libyan banknotes equivalent to USD 1.2 billion on its way to Libya.

(Libya, 31 May 2020) – The Russian Foreign Ministry said in a statement posted on its website on Saturday, according to the Russian Sputnik news agency, that a minting contract was signed in 2015 between the company Goznak and the President of the Central Bank of Libya (CBL) and was approved by the Libyan House of Representatives (HOR).

“The Libyan side made the necessary down payment, as part of fulfilling its contractual obligations,” the Russian Foreign Ministry said in its statement.

“We would like to note that under the conditions of de facto double power in Libya, there are currently two central banks,” said the statement of the Russian Foreign Ministry referring to the one in Tripoli, where the Government of National Accord (GNA) is based, and the other in Benghazi, whose president was appointed by the elected Libyan HOR.

The Russian Foreign Ministry also stated that, as per previous statements and information it published, “What are false are not these Libyan dinars but the American statements.”

Goznak meanwhile issued its own statement stating that Malta violated international law by holding the currency shipment it printed for the CBL in September 2019.

The Russian Foreign Ministry statement followed the US State Department’s “commending” on Friday the Maltese seizure of “counterfeit Libyan currency” printed by Goznak. Washington claimed that the counterfeit currency was ordered by an “illegitimate parallel entity”.

© Al Marsad English (2020)