The head of the Presidential Council, Mohammed Menfi, has held discussions with the Chairman of the Board of Directors of the Libyan Investment Authority, Ali Mahmoud, on the efforts made to preserve Libyan assets abroad and the challenges the authority faces.

Both sides discussed the authority’s investments, the seizures of its assets in some countries, and the procedures that will be taken to recover these assets.

Menfi confirmed the independence of the authority, as it is a sovereign fund owned by future generations, stressing to distance it from political strife, and not to use it as a pressure and blackmail card, so that it can perform the tasks entrusted to it.