Arab Parliament Calls on UK Government To Protect Libyan Funds

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The Arab Parliament submitted a memorandum in 2018 that was resubmitted three months ago to the British House of Commons, calling on it not to adopt measures against Libya’s frozen funds in the UK.

This is according to Algerian Parliament Member and a Member of the Arab Parliament, Abdel-Karim Qureshi.

Qureshi said in a statement that the Arab Parliament called on the British government not to allow the use of any frozen funds currently held in British banks. This is in response to the proposal of several deputies in the British House of Commons to establish a compensation fund.

The compensation fund’s proposal allows the use of Libya’s frozen assets to compensate victims of attacks by the the Irish Republican Army, which received funding from Libya in the 1980s.

He continued that the Arab Parliament was able to postpone the attempts of some British representatives to pass a draft law to use Libya’s financial deposits for the benefit of British families affected by the IRA.

The MP concluded that the Government of National Accord’s (GNA) Minister of Foreign Affairs, Mohamed Siala, and the Speaker of the Libyan House of Representatives (HoR), Ageela Saleh, discussed this issue with Algeria’s Foreign Minister in separate occasions.

Qureshi indicated that the GNA and the HoR had attempted to unfreeze the funds, but were unsuccessful.