U.S. official: Frozen Libya assets exceed $34 billion

Someoneforyou

Regular Member
Joined
Jan 26, 2011
Messages
990
Likes
51
UNITED STATES - 7 APRIL 2011

WASHINGTON – Libyan assets frozen by the United States as part of sanctions against Muammar Gaddafi and his top officials have now risen to more than $34 billion, the Treasury's top official for sanctions, anti-terrorism and money laundering said on Thursday.

David Cohen, who is nominated to take over as the Treasury's undersecretary secretary for financial intelligence, told a U.S. Senate confirmation hearing that European authorities have frozen a "substantial amount" of other such assets. He said the amount is difficult to gauge, but probably is less than the more than $34 billion frozen by U.S. authorities.



Source: Reuters
 

Latest Replies

Global Defence

New threads

Articles

Top