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Belgian FM implicitly admits abuse of Libyan assets by his country

The Address | Benghazi – Libya

BRUSSELS – Belgian Foreign Minister, Didier Reynders, implicitly admitted that his country is responsible for abuse of Libyan frozen assets after several denials by Belgian authorities.

Speaking Belgian radio RTBF, Reynders rejected the accusations of some parliamentarians regarding his responsibility in the case.

“I left the Ministry of Finance on December 6, 2011. I was no longer in office, and the decision was made by one of my successors.”

Reynders implied that there was no criminal intention on behalf of his country, and claimed that the issue is merely difference of interpretation between the European Union and the United Nations.

Belgian radio RTBF reported that Brussels had financed Libyan militias through the use of interest and dividends on accounts frozen under United Nations sanctions in 2011. RTBF said that when the UN agreed to freeze deposits held by Gaddafi’s administration abroad, Belgium had done so but had not halted payments of interest and dividends.

Reynders said the amount of interest on Libyan assets would amount to “a few hundred million euros” on billions of frozen assets; before adding: “I can not speak on a decision I did not make.”

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