Tag Archives: Libyan Foreign Bank

Libya given $20bn of freed assets

Tripoli – Libya has received roughly $20bn in assets that were held overseas by Muammar Gaddafi’s regime and frozen during the conflict that ousted him, the foreign minister said on Tuesday. An estimated $150bn of overseas assets were frozen following … read more »

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UN ends sanctions on Libya bank

New York -The UN Security Council on Friday lifted sanctions on Libya’s central bank and a key investment bank freeing tens of billions of dollars to ease a post-Gaddafi cash crunch. The US immediately announced it would unblock more than … read more »

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Dutch free Libyan funds to pay for medicine

The Dutch government agreed on Monday to release 100 million euros in funds frozen from Muammar Gaddafi’s government for the World Health Organisation to buy medicine for the Libyan population. The WHO has said shortages of medicines and medical supplies … read more »

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