When you need to know
A Libyan high ranking official disclosed that the UAE used Libya’s frozen assets in its banks to back up the military operations of Libyan eastern warlord, Khalifa Haftar, as well as other allies in Libya, pointing out
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The second deputy head of the High Council of State (HCS) Mohammed Emazib said the United Arab Emirates sent Libyan eastern warlord Khalifa Haftar money from the Libyan frozen assets in Abu Dhabi.
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The Belgian government has denied reports of the disappearance of 10 billion dollars of Libyan frozen funds in Belgium under mysterious circumstances.
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10 out of 16 billion euros disappeared from the Libyan frozen assets in Belgium, Le Vif - a Belgian paper revealed - adding that those assets were controlled by the inner circle of Muamar Gaddafi.
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The Undersecretary of Foreign Affairs, Lutfi Maghribi, held talks with US Senior Director for Africa, Cyril Sartor, on ways to help protect Libya`s frozen assets and support Libya with its management.
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The former head of the Libyan Stock Market, Suleiman Shahoumi, said on his Facebook page on Thursday that the assets of the Libya Investment Authority (LIA) are seriously threatened by host countries.
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The Security Council will hold a session on Libya next Wednesday, during which it will hear the report of the head of the United Nations Support Mission in Libya, Ghassan Salame, on the latest political and security developments
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Chairman of the Presidential Council, Fayez Sarraj, has stated that Libya is demanding the management of its frozen assets abroad and not to lift the freezing.
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