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Arab Parliament demands protection of Libya’s frozen funds in UK

The Address | Benghazi – Libya

CAIRO – The Arab Parliament on Wednesday called upon the United Nations and the UN Security Council to protect Libya’s frozen funds and assets in the UK. This came in a statement issued at the end of the Arab Parliament’s meeting session in Cairo which discussed the situation in the region, especially the Libyan crisis.

The statement called on the United Nations, the UN Security Council and its sanctions committee to abide by their pledges to protect Libya’s frozen funds and assets abroad, including those frozen in the UK.

The Arab Parliament said that “these Libyan funds have been frozen to be preserved and not to be exploited against the Libyan people’s will. They have nothing to do with compensation for acts of violence. The exploitation of these funds is a violation of Libyan sovereignty and UN resolutions.”

MPs in the House of Commons of the United Kingdom have recently submitted a request to discuss a bill obliging Libya to pay financial compensation to British families’ victims of the Irish Republican Army’s attacks, as the UK accuses the former Libyan regime of supporting it in the 1980s.

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