The Libyan Investment Authority (LIA) has managed to lift the judicial guardianship over Libyan assets and funds, belonging to the Authority, whilst remaining frozen in Britain.
Sources from LIA said that the English Commercial Court in London agreed to bring the Libyan assets back under the control of the legitimate Libyan Investment Authority.
The court order took place in accordance with the legal conditions agreed upon between the Libyan Investment Authority and the judicial guard.
LIA described the court order a positive one, as it allows the management of Libyan assets in Britain by the Investment Authority, although remaining frozen.
Economy
