Reports indicating ongoing effort to form an international committee to protect Libyan assets abroad

The Address | Benghazi – Libya

TRIPOLI – Western diplomatic sources revealed that there is ongoing effort to form a joint international committee with Libyan and international expertise that will protect Libyan assets from loss, following reports that these assets frozen abroad are being abused.

According to Libyan and international media, these sources reported that the United States Treasury Department has begun to study a request made by the head of the Presidential Council, Fayez Al-Sarraj, during his last visit to Washington, to help manage frozen Libyan assets and funds.

Fayez Al-Sarraj  had previously said that his talks in Washington last December touched on Libya’s right to use the frozen funds and not to unfreeze them. He said there was “a big difference between the two meanings.”

The United Nations’ special envoy to Libya, Ghassan Salamé, recently said he had “evidence that Libyan assets frozen abroad would be lost, if not quickly managed.”


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