User talk:Altinvest2015
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Libyan Investment Authority
[edit]BlueSeedRose is not being neutral at all, he/she is absolutely taking sides here, especially when they are creating a page for someone who is part of a dispute.
Please stop your disruptive editing. If you continue to blank out or remove portions of page content, templates, or other materials from Wikipedia, as you did at Libyan Investment Authority, you may be blocked from editing. Thank you.
Hello, I'm BlueSeedRose. Wikipedia is written by people who have a wide diversity of opinions, but we try hard to make sure articles have a neutral point of view. Your recent edit seemed less than neutral to me, so I removed it for now. If you think I made a mistake, or if you have any questions, you can leave me a message on my talk page. Thank you.
The recent edit you made to Libyan Investment Authority constitutes vandalism, and has been reverted. Please do not continue to vandalise page.
Article must be written from a neutral point of view. Until the authority dispute between parties is not fully resolved, biased information should be balanced to produce a more neutral perspective in order to not to misinform or mislead the readers.
Thank you. BlueSeedRose —Preceding undated comment added 10:45, 4 March 2016 (UTC)
Dear Altinvest2015,
may you please explain me – from a neutral perspective – the fight between Abdulmajid Breish and Hassan Bouhadi over the leadership of the LIA?--Kopiersperre (talk) 13:48, 1 August 2015 (UTC)
- Dear Kopiersperre,
Thank you for your message. To discuss your query, it is necessary to frame the leadership issue into the context of the LIA’s governance structure, so I have set out a bit of background below. It addresses the appointment of Mr Hassan Bouhadi to the position of Chairman of the Board of Directors in October 2014 by the internationally-recognised government in Libya. Following this, I specifically address the arguments that Mr Abdulmajid Breish has put forth as he seeks to claim the position of LIA chairman. As you likely know, the current situation in Libya has resulted in the formation of two governments. As such, this also affects Libya’s public institutions—the LIA included. The House of Representatives, which is currently the Libyan legislature that replaced the General National Congress, is the only government recognised by the international community, and is the one under whose governance structure Mr Hassan Bouhadi operates as LIA Chairman. It is Libya’s elected government and is recognised by the UN, EU, US and over 100 other countries as such. Background of the LIA The LIA is a sovereign wealth fund, founded in 2006. Its principal mandate is to safeguard and grow Libyan sovereign wealth by way of outward investments on behalf of the Libyan people. It is governed by Law No. 13 of 2010. That law established a Board of Trustees of ex-officio government ministers, including: the Prime Minister, Minister of Economy, Minister of Finance, Minister of Planning and the Governor of the Central Bank of Libya as well as two independent members. The Board of Trustees represents the Libyan people’s interests in the assets under management by the LIA. The Board of Trustees is the ultimate governance body with oversight and control of the LIA. As part of its role, the Board of Trustees is empowered to appoint the Board of Directors of the LIA. The constitution of the Board of Directors of the LIA is governed by Chapter 5 of Law No. 13 of 2010, in particular Articles 10 and 11 which provide: a. There shall be a Board of Directors of the LIA; b. The Board of Directors shall have seven members; c. The Board of Directors is the "competent body to oversee the management of the [LIA]"; and d. Members of the Board of Directors shall be appointed by a resolution of the Board of Trustees.
The current members of the Board of Directors are: a. Hassan Bouhadi - Appointed as a member of the Board on 10 February 2014 and subsequently appointed as Chairman on 11 October 2014 b. Ahmed Attiga – Appointed as a member of the Board on 5 March 2013 c. Ali Mahmoud – Appointed as a member of the Board on 10 November 2013 d. Faisal Gergab – Appointed as a member of the Board on 5 March 2013 e. Osama Siala – Appointed as a member of the Board on 11 October 2014 f. Fakher Buferna – Appointed as a member of the Board on 3 November 2014 g. Idris Lahimer – Appointed as a member of the Board on 3 November 2014
Since the inception of the LIA there have been six Chairmen of the Board of Directors. These are listed below: a. Mohamed Layas – Appointed on the inception of LIA b. Mohsen Dreiga – Appointed in May 2012 c. Ali Busidra – Appointed in March 2013, although did not take up the position and was subsequently removed in late April 2014, pursuant to his request d. Ali Hebri – Appointed as "Acting Chairman" in April 2013 e. AbdulMajed Breish – Appointed in June 2013 f. Abdulrahman Benyezza – Appointed as "Acting Chairman" in July 2014 g. Hassan Bouhadi – Appointed in Oct 2014
Mr Breish was appointed Chairman of the LIA Board of Directors on 1 June 2013 and was subsequently disqualified from the role as Chairman for failing to meet the criteria of the Political Isolation Law. In response, the Board of Trustees appointed Mr Benyezza as "Acting Chairman". National elections to the House of Representatives (HoR) took place on 25 June 2014 with results formally announced on 21 July 2014. The newly-elected HoR first sat on 4 August 2014 and formally invited Mr Abdullah Abdelrahman al-Thinni (the incumbent head of the interim government prior to the 2014 elections) to form a government. On 13 July 2014, the LIA appointed Dr Ahmed Attiga as its CEO. Also on 13 July 2014, the Islamist-backed militia group "Libya Dawn" launched a large-scale military attach on Tripoli. Tripoli fell some 40 days later. As a result, meetings of the Board of Directors were difficult to convene in Tripoli, with members of the Board of Directors finding themselves in different locations across the country. Between July and September 2014, the Board of Trustees sought to engage with the Board of Directors of the LIA. Such engagement included the Board of Trustees securing reports on the on-going functioning of the LIA from each member of the Board of Directors apart from the Acting Chairman, Mr Benyezza, who did not respond to the Board of Trustees' attempts to engage with him. Mr Benyezza called no meetings of the Board of Directors during this time – despite repeated requests from other members of the Board of Directors to do so. The Minister of Finance and Deputy Minister of Economy were sent by the Libyan Prime Minister to London to meet with Mr Benyezza. Mr Benyezza was also invited to meet with the Libyan Prime Minister in Libya. Mr Benyezza did not comply with this request. Eventually, after sustained pressure from other members of the Board of Directors, Mr Benyezza called a meeting of the Board of Directors on 27 September 2014, which Mr Benyezza chaired in Istanbul. On 29 September 2014, the Board of Trustees met and resolved to issue decrees: a. exempting Mr Benyezza from his duties as Chairman of the Board of Directors and member of the LIA (LIA Decree No. 7 of 2014); b. appointing Mr Hassan Bouhadi as Chairman of the Board of Directors of the LIA (LIA Decree No. 8 of 2014 [which can be found at lia.com.mt); and c. appointing a further member of the Board of Directors, Mr Osama Saila, to fill the place on the Board of Directors left open by Mr Bouhadi's appointment as Chairman (LIA Decree No. 9 of 2014).
On 3 November 2014, the Board of Trustees appointed two new members to the Board of Directors to fill the places of Mr Ali Hebri (who was appointed as the Governor of the Central Bank of Libya, and therefore became a member of the Board of Trustees) and Mr Benyezza.
Mr Breish’s Claims In 2010 a constitutional law was passed (Law 13) which states the governance of the LIA, its remit, structure clearly outlines how the LIA is deeply embedded in the democratic principles and statutes of Libya's constitution. A summary of this can be found on lia.com.mt for your reference. Law 13 has been followed by the Boards of Trustees and the Boards of Directors of the LIA since that date. Since the revolution, the GNC government and the House of Representatives (HoR) government has overseen a consistent and strong governance process - indeed many on the board of the LIA under the GNC government in 2013 also served at the LIA during the transition to the HoR and remain on the board today (2015). The exception being Mr Breish. On May 8, 2013 the General National Congress of Libya, the former legislator of Libya, passed Law No. 13 of 2013 regarding Political and Administrative Isolation, aiming at preventing people associated with the previous regime from participating in the newly established political and administrative process. On June 8, 2014 the body established by the Isolation Law to implement its provisions issued its decision No. 659 of 2014 confirming the application of the Isolation Law on Mr. Abdulmajid Breish, who amongst other roles in the public sector was the Chairman of the Libyan Investment Authority, and, thus, banned him from taking any senior political or administrative position in the Libyan system pursuant to the Isolation Law. As a result, Mr. Breish resigned from his position as the Chairman of LIA and, thereafter, appealed against the Decision before the Appeal Court of Tripoli. In the interim for (July to September 2014) a Board member, Mr Benyezza, stood in as acting chairman while the Board of Trustees sought to appoint a full-time chairman. The Board of Trustees of the LIA is made up of ex-officio members of the country's cabinet and this Trustees Board is chaired by the Prime Minister. A resolution of the Board of Trustees removed Mr Benyezza from his role (Resolution 7 of 29 September 2014) and Mr Bouhadi was appointed as chairman (see resolution 8 at lia.com.mt) on 29 September 2014. Mr Bouhadi took up his role from that date – with a formal announcement in very early October 2014. On April 13, 2015 the Appeal Court of Tripoli issued its judgment in the appeal filed by Mr. Breish whereby the court concluded to annul the Decision of the panel responsible for effecting the Isolation Law. There is no mention of the LIA. Mr Breish's own counsel in a recent court hearing in London accepted that the ruling only puts him back in to 'circulation' and that he can now take up roles in the public sphere or for government organisations, but it does not reinstate him, nor does it suggest that any tenure he may have had in the past be reinstated. In addition, the Isolation Law was annulled by the newly elected government, the House of Representatives (HoR), in July 2014 (prior to the arrival of Libya Dawn in to Tripoli). The HoR, which is currently the Libyan legislator that replaced the General National Congress, is the only government recognised by the international community. It is Libya’s elected government and is recognised by the UN, EU, US and over 100 other countries as such. As such, prior to the issuance of the Judgement on which he relies, Mr Breish could have sought to be reinstated and made himself available to the Board of Trustees so to do. However, he did not. Moreover, he only appeared on 17 May claiming to be the chairman. This is some 34 days from receipt of the ruling on which he relies, and some eleven months since the repeal of the Isolation Law.
Reference errors on 4 March
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March 2016
[edit] Hello, I'm Oshwah. I noticed that you recently removed some content from Libyan Investment Authority with this edit, without explaining why. In the future, it would be helpful to others if you described your changes to Wikipedia with an edit summary. If this was a mistake, don't worry, the removed content has been restored. If you think I made a mistake, or if you have any questions, you can leave me a message on my talk page. Thanks. ~Oshwah~(talk) (contribs) 10:14, 7 March 2016 (UTC)
You currently appear to be engaged in an edit war according to the reverts you have made on Libyan Investment Authority. Users are expected to collaborate with others, to avoid editing disruptively, and to try to reach a consensus rather than repeatedly undoing other users' edits once it is known that there is a disagreement.
Please be particularly aware that Wikipedia's policy on edit warring states:
- Edit warring is disruptive regardless of how many reverts you have made.
- Do not edit war even if you believe you are right.
If you find yourself in an editing dispute, use the article's talk page to discuss controversial changes; work towards a version that represents consensus among editors. You can post a request for help at an appropriate noticeboard or seek dispute resolution. In some cases it may be appropriate to request temporary page protection. If you engage in an edit war, you may be blocked from editing. ~Oshwah~(talk) (contribs) 12:15, 7 March 2016 (UTC)