When Will the UN Release Libya’s Frozen Funds?
13 years after the fall of Muammar Gaddafi, Libya continues to grapple with the challenge of reclaiming its frozen assets ...
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Tag: Frozen Assets
Libya’s LIA Awaits UN Approval to Manage $70 Billion in Assets
The Libyan Investment Authority (LIA) anticipates receiving U.N. approval by the end of the year to actively manage its $70 ...
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Belgian Paper: $800 Million of Libyan Funds Unaccounted For
Belgian newspaper "Le Soir" has highlighted the unfreezing of $2.3 billion of Libyan funds in Belgium, with $800 million of ...
Read moreLibya’s LIA Ends Long-Standing Legal Freeze on Its Assets in France
On Sunday, the Libyan Investment Authority (LIA), Libya’s state-owned sovereign wealth fund, achieved a significant legal milestone by lifting the ...
Read moreLibyan Official Concerned over “Erosion” of Frozen Assets Abroad
Suzan Hami, Media Office Director of Libya's Asset Recovery Office (LARMO), reported eroding frozen assets abroad. She highlighted losses in ...
Read moreLibya & UN “Sanctions Committee” Review Progress on Frozen Assets
The UN Special Committee on Libya Sanctions convened a closed-door meeting on Friday, to address the critical issue of frozen ...
Read moreIMF: Libya’s Frozen Assets Estimated at $152 Billion Dollars
According to Dmitri Gershenson, the Head of the International Monetary Fund's (IMF) Mission to Libya, the country's combined foreign reserves ...
Read moreEU Supports Libya in Recovering Frozen Assets
EU Supports Libya in Recovering Frozen Assets A representative of the European Union (EU)’s office in Libya, Lise Pate said ...
Read moreLibya’s Central Bank Denies UK’s Accounts Were Frozen
On Thursday, Libya's Central Bank (CBL) denied news being circulated online that the Bank of England has frozen £3 billion ...
Read moreUN Sanctions Committee Discusses Libya’s Frozen Assets
The United Nations (UN) Special Sanctions Committee for Libya held a closed meeting at the UN Headquarters to follow up ...
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