Libya Power Struggle Builds as Central Bank Pulled Into Dispute

Libya’s central bank said Monday it was resuming operations, defying a decision to replace its governor and board in a move that could further imperil an already-fragile cease-fire deal between the OPEC nation’s rival governments.

The bank, in a statement, said that Governor Sadik Al-Kabir had met with senior managers as part of the regulator’s decision to resume operations after the kidnapping of a senior employee led it to announce it was halting work. The statement, posted on its Facebook page, made no mention of a decision by the internationally-recognized Presidential Council in Tripoli to replace the bank’s chief and its board, but noted that it was back to work after the employee was freed.