Al-Oraibi: “Erdogan aspires to control oil fields to cover up his economic failure”


On Friday, the head of the Energy and Natural Resources Committee in the Libyan House of Representatives (HoR), Issa Al-Oraibi, said that Turkish President Recep Tayyip Erdogan was in trouble ahead of upcoming presidential elections in Turkey.

In press statements, Al-Oraibi said that Erdogan’s party’s loss of its strongholds in Istanbul and Ankara increased the pressure on the Turkish President because Al-Sarraj does not have the money to solve their stifling economic crisis without the flow of oil revenues, which are controlled by the Libyan National Army (LNA).

He highlighted the manifestations of injustice in the distribution of wealth in Libya, adding that inequality was widespread, systematic and deeply rooted.

He noted that “the Libyan East’s share of oil revenues did not exceed 2% of bank credits and loans for private commercial companies allocated by the Libyan Central Bank, which manages monetary and foreign currency policies and credit loans, not to mention punitive policies exercised by the Presidential Council towards the regions and cities of Libya for political reasons.”

The parliamentarian added that the imbalance in the distribution of wealth includes terrifying inequalities in the number of diplomatic missions and jobs between the regions of Libya, pointing out that the central bank of Tripoli is at the mercy of armed groups.

E“In an unprecedented development, we saw photographs depicting the governor of a central bank of a country meeting with the president of another country, in confirmation of the direct invasion and occupation [of Libya by Turkey],” Al-Oraibi added.