Originally from Benghazi, the stronghold of Marshal Haftar, Farhat Bengadra is reputed to be close to Gaddafi’s former military cadre but also to the United Arab Emirates, where he was director of Al Masraf Bank.
His appointment is said to be the result of a secret agreement between Libyan Prime Minister Abdulhamid al-Dabaiba and Khalifa Haftar, who wants to preserve the eastern Libyan camp’s share of the oil windfall. Here’s what you need to know about the National Oil Corporation (NOC)’s new boss.
Central bank
Under the former regime, Farhat Bengadra was one of the Central Bank of Libya (CBL)’s strongmen. During 11 years of loyal service, he managed to climb the hierarchy. CBL deputy governor from 2000 to 2006, he was then enthroned by Seif al-Islam Gaddafi at the head of the financial institution (2006-2011).
Istanbul
A few weeks after the revolt against Gaddafi, Bengdara decided to
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