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Friday, 11 May 2012 - Libya finance minister says to resign soon, cites wastage |
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See the best of Reuters photography.  See more | Photo caption  Gay marriage battle A look at the legal battles and the controversies over gay marriage.  Slideshow  Wild weather Scenes of the awesome and sometimes destructive power of nature.  Slideshow  Libya finance minister says to resign soon, cites "wastage" Tweet Share this Email Print Related News UPDATE 3-One killed in shooting near Libyan PM's compound Tue, May 8 2012 Insight: In muddle of Libya's finances, billions go missing Tue, May 8 2012 Analysis & Opinion Libya bans religious, tribal or ethnic parties before June elections Related Topics World » By Ali Shuaib TRIPOLI | Thu May 10, 2012 4:17pm EDT TRIPOLI (Reuters) - Libya's interim finance minister said on Thursday he would resign soon because of "wastage of public funds", citing a now-halted scheme to compensate former fighters and pressure from them for payment. "I will resign. I can't keep working in these circumstances," Hassan Ziglam told Reuters in an interview. "There is a wastage of public money because nobody fears God." When asked when he would hand in his resignation, he said "soon", but did not elaborate. Libya last month halted a scheme to pay compensation to people who fought in last year's revolt against Muammar Gaddafi because it was riddled with corruption and paying out cash to people who did not qualify. A spokesman for the ruling National Transitional Council said at the time that a list of those eligible under the scheme - which paid out 1.8 billion Libyan dinars ($1.4 billion) in less than three months - included people who were dead or who had never fought. Ziglam said the decision to pay compensation to former rebel fighters was made before the current interim government was appointed in November. "I stopped the payment of 1.3 billion dinars," he said, citing inconsistent lists for those who were due to receive payment. Disgruntled militiamen demanding cash or jobs in recognition of the role they played in last year's revolt to oust Gaddafi have now taken to the streets in sometimes violent protests. The prime minister's office is frequently the focus of such demonstrations. Many of the militiamen are armed and occasionally their protests turn violent. On Tuesday, one person was killed and several were injured when militiamen protesting outside the office started shooting, highlighting the country's volatility a month before its first election. "They came two days ago with weapons," Ziglam said. "How can you work in such an environment?" The payment for former fighters is not the only scheme to have been halted. Earlier this year, the government cancelled a program meant to provide free overseas medical care for the uprising's wounded after it turned out to be riddled with fraud too. In that case, the government discovered it was picking up the air fares, medical and hotel bills of people who had simply obtained faked documents saying they were wounded. Next month's election will choose an assembly to draft a constitution, but insecurity in the country could jeopardize the polls. (Editing by Michael Roddy) World Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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