Wednesday, February 18, 2026
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Russia Slams UK for Freezing Billions Belonging to Libya

July 20, 2021
Share on FacebookShare on Twitter

On Monday, the Russian Foreign Ministry’s Spokeswoman, Maria Zakharova slammed a number of British banks for illegally holding assets worth billions of dollars that belong to Libya.

In press statement, Zakhrova said that British banks had been locking away assets that belong to the late Libyan leader Muammar Gaddafi and his family. “In line with the UNSC Resolution 1973 adopted on March 17, 2011, the assets that belonged to the Gaddafi family and his closest entourage kept in banks outside of Libya were frozen. Muammar Gaddafi was then killed, and it is still unclear, what happened to the accounts of Libya’s former leader,” she stressed.

Media reports suggest that more than £12 billion pounds were frozen in the UK. These funds were initially supposed to be spent for the country’s post-conflict revival, but the money is still yet to make its way to ordinary Libyans. According to the Spokeswoman, London is considering partially unblocking these assets to give money to families, who were affected by Libyan-funded IRA terrorist attacks, ”but it is all just words. The truth is that billions of dollars that belong to other people continue to remain in British banks illegally,” she concluded.

Tags: foreign ministrylibyaMaria ZakharovaRussiaUK
Next Post

EU: Libya Making Real Progress towards Peace and National Reconciliation

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Security Boost Announced for Southern Libya During Ramadan

Storming of Tripoli HQ Sparks Fresh Crisis in Libya’s Judiciary

UK Urges Political Breakthrough as Libya Marks 15 Years Since February 17

Libyan Army Marks February 17 Anniversary with Pledge to Defend State & Sovereignty

Libya’s Political Divide Resurfaces on Revolution Anniversary

Reform or Delay? Dbaiba’s Cabinet Shake-Up Raises Fresh Questions Over Libya’s Elections

EDITOR PICKS

EU’s Operation Irini Deepens Coast Guard Training Partnership with Libya

UN Sounds Alarm Over Libya’s Deepening Political & Judicial Divide

Libya Ends Century-Long Battle With Trachoma, WHO Confirms

Storming of Tripoli HQ Sparks Fresh Crisis in Libya’s Judiciary

Libyan Judicial Team Flies to Ankara After Black Box Findings in Deadly Crash

Reform or Delay? Dbaiba’s Cabinet Shake-Up Raises Fresh Questions Over Libya’s Elections

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR