Japanese Ambassador to the United Nations and Chair of the UN Sanctions Committee on Libya, Yamazaki Kazuyuki, has denied any negative measures concerning Libya’s frozen assets.
His comments came during a United Nations Security Council meeting on Wednesday, where he addressed concerns raised regarding notifications from Luxembourg and Bahrain.
Ambassador Kazuyuki firmly rejected claims of adverse actions, stating, “There is no truth to the suggestion that any negative measures have been taken in relation to Libya’s frozen assets, based on notifications from Bahrain or Luxembourg.”
The issue of Libya’s frozen assets has been a subject of international scrutiny since the 2011 revolution, when Libyan assets abroad were frozen under UN sanctions. These assets are intended to be preserved for the benefit of the Libyan people and the country’s future reconstruction, but there have been persistent concerns about their management and potential misuse.
Kazuyuki’s reassurances come at a time when Libya is still grappling with political instability, and the international community is closely monitoring the status of its assets. The ambassador emphasised the importance of transparency and compliance with the UN’s sanctions regime to ensure that Libya’s wealth is safeguarded for future generations.
