Chief Executive Officer Nyasha Makuvise confirmed in an exclusive interview with The Zimbabwean that his group had been in contact with the Libyan Foreign Bank's representative on the board and there was no cause for alarm.
"The Group is communicating with the shareholder and to date, there has been no indication of any desired change in the relationship," Makuvise said.
Libya's central bank came under control of the country's new leaders last Thursday as former dictator Muammar Gaddafi remained at large.
Saying none of its assets had been stolen, the new administration said that it had sold 29 tonnes of gold to help pay salaries.
"No assets of the Libyan Central Bank have been stolen, gold or otherwise," the bank's new governor Gassem Azzoz told reporters in Tripoli.
A British law firm reported that the Libyan Central Bank would dispose of its shareholding in Lebanese and other Middle Eastern banks.
Uncertainty, however, surrounds the former rebels’ next move with regards investments in Zimbabwe.
A spokesman for the diplomats who were expelled from Harare by the Zanu (PF) side of the inclusive government said the new government in Tripoli would probe the investments in Zimbabwe undertaken during the tenure of the Gaddafi regime.
"These deals were not done in good faith," said Mohamad Elbarat.
CBZH's Makuvise, however, maintained that dealings with the LFB had always been transparent and the bank had not had any direct dealings with Gaddafi or his government.
Post published in: News