Ahmad 
The Central Bank of Libya froze suspicious bank accounts that were trading without balance, after obtaining documentary credits without sufficient financial coverage, according to responsible sources.
The background to this step is due to suspicious banking operations, represented by the incident of checks under collection in the Benghazi branch of individuals and institutions, where the bank froze 10 accounts of legal entities and 141 bank accounts in Al-Wahda Bank.
Banking experts confirmed that these suspicious operations pose a danger to banks, as they result in actual losses for the bank, in addition to exposing them to financial fines in accordance with the provisions of the law.
In this context, Al Wahda Bank issued a statement indicating the importance of taking action to address those operational risks associated with the business of commercial banks, which could negatively affect economic performance.
For their part, company owners expressed their dissatisfaction with the freezing of their accounts at Al-Wahda Bank without explanation, considering this tantamount to manipulation of their balances.
Bankers attributed such violations to the closure of the banking system between East and West since 2015, which led to some customers’ accounts being filled with amounts not due to them, which led them to pass checks that were not backed by a balance.
Regarding the political background of these phenomena, analysts believed that political division could be behind some cases of banking manipulation, which indicates the importance of political stability in ensuring the stability of the financial and economic system.
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