The Libyan Investment Authority confirmed on Sunday that the Security Council is working to consider its grievance against the Belgian government’s actions, which it described as “entering into criminal cases” with the aim of obtaining financial compensation.

“The Belgian authorities' moves aim to use the Authority's funds to pay off financial obligations and debts restricted to Libya for the benefit of a company headed by Belgian Prince Laurent”, the Authority said.

It also indicated that the Belgian Public Prosecutor is exerting continuous pressure against the head of the Libyan Investment Authority, Ali Mahmoud Hassan, after an arrest warrant was issued against him earlier this year.

Economy