Russian State Enterprise Prints $ 1.1 Billion Fake Money - US Department of State

  • Russian State Enterprise Prints 11 Billion Fake Money - US Department of State

Washington: Malta’s security service withdrew $1.1 billion in counterfeit Libyan currency, the U.S. Department of State said in a statement on its official website.

The money was printed by the Russian state-owned enterprise Goznak. At the same time, the US State Department emphasized that the bills were ordered by an "illegitimate parallel organization."

“The Central Bank of Libya, headquartered in Tripoli, is the only legitimate central bank of Libya. The influx of counterfeit Libyan currency printed by Russia in recent years has exacerbated the economic problems of Libya” the report said.

Summing up, the State Department added that Russia should stop destabilizing the situation in Libya.

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