Faisal Feituri CEO

Faisal Feituri was born in Benghazi in 1961, though his family origins are in Western Libya in the coastal city of Zletin. He was educated in Alexandria at Victoria College and lived in Lebanon before immigrating to the US in 1978.  Studied at  University of Puget Sound before beginning a career in global corporate and in-vestment banking. Feituri is the founder of the Libyan-American Coalition, a non-partisan organization working across political and geographic boundaries to promote economic development and security reform in Libya. As founder of the coalition he is working to strengthen the bonds between his beloved adopted homeland, the US, and his native land Libya.  

I think what we are seeing is that, even with the war in Ukraine drawing so much attention, there is a special American focus, along with that of the international community, on Libya and ensuring stability as it works towards its democratic transition. The country is part of NATO’s southern flank, and no one knows this better than Italy. It also ranks in the top 10 countries globally for proven oil reserves. With the energy crisis today, and the move we are seeing in Europe away from Russian oil, Libya is well-positioned to take advantage of new opportunities. It’s strategic location in the Eastern Mediterranean puts it right at Europe’s doorstep. This region is going to be a hub for energy in the coming decades, even with the transition to renewable sources.The commitment from the US and its partners to Libya is real. That was evident April 1 when the US designated Libya as one of five countries that would receive long-term support over 10 years in the from of diplomatic, developmental, and security sector engagement. The plan is focused largely on promoting stability. That will make Libya a safe destination for major international investment. Discussions are already underway for rehabilitating the oil sector with an eye towards increasing production and attracting multinational companies to the Libyan economy. Corruption is the enemy to economic transformation. It distorts the political space and keeps foreign companies away. In a global world, if Libya wants to be competitive it must address corruption. The Libyan-American coalition has been energized by the US’s commitment to Libya under the 10 year plan and is actively working on fighting corruption. We have cooperated with the Judiciary and the Libyan attorney general to help prepare more than 89 files on corruption cases to hold individuals and businesses to account for the wealth that has been plundered from the Libyan people over the past decade. 

The Frank Report is aware of a political shift that may make things more difficult for Basit Igtet and his political ambitions in his native Libya.  A former associate and top publicist for Basit Igtet, American-Libyan Faisal Feituri, has reportedly broken with Igtet’s political group.  

The alleged final breaking point was Igtet’s appearance as a witness in the Abu Khatallah case, the man behind American ambassador J. Christopher Stevens’ death in Libya. Reportedly, Igtet was advised repeatedly by Feituri not to interfere in this sensitive case, both for political considerations and for ethical reasons. Since 2013, Feituri served as Igtet’s campaign director and political advisor.  The same source indicates that Feituri’s departure was many months – if not years – in the making, and likely signals the end of any American support or political goodwill towards Igtet.

Another campaign insider confirms that Feituri had been a constant critic of Igtet’s personal relationship with the Muslim Brotherhood, and, more specifically, of his personal relationships with senior members of the Libyan Islamic Fighting Group (LIFG).