He was a commander of the pro-Gaddafi forces fighting in Sirte before his capture by National Transitional Council forces as they captured strategic places in the city.
The ILF initially focused on supporting the fledgling rebel movement, and upon its founding, the Libyan National Transitional Council.
He went on to describe his current role with the National Transitional Council, essentially trying to maintain banking functions in the free zone, and fostering relationships between the NTC and other countries which will allow central banking to be resumed when the conflict is over.
After the 2011 revolution overthrew Gaddafi's government, Central Bank Governor Gasem Azzoz said that notes with the ousted strongman's face on them were still in circulation and would be used by the National Transitional Council to pay the salaries of public servants and government employees.
As of early September 2011, he reportedly maintains a separate force from Abdelhakim Belhadj, the head of the Tripoli Military Council, though the two men are ostensibly working to integrate the anti-Gaddafi forces in western Libya into a cohesive military under the aegis of the National Transitional Council.
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Ali Aujali, who served as a Libyan diplomat both under Gaddafi and under the National Transitional Council, claims that Gaddafi ordered the flight to be shot down to demonstrate the negative effects of international sanctions imposed on Libya after the bombing of Pan Am Flight 103.
It was incorrectly reported by Misrata-based Freedom TV on 29 September 2011 that Ibrahim had been captured near Sirte by NTC fighters.
In 2011, Ali Tarhouni, minister of financial and oil affairs for the rebel National Transitional Council, appointed Mahmoud Badi, formerly a civil servant under Gaddafi, to investigate the Libyan Investment Authority.
Mansour Mohamed El-Kikhia (Member of the interim Libyan National Transitional Council).