Freezing of Assets: Libya

(asked on 24th May 2022) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government, further to the article ‘Libya’s Central Bank says no assets have been frozen in Britain’, published in the Libya Observer on 22 May, what assessment they have made of the accuracy of the statement made by the management of the Central Bank of Libya that no Libyan assets have been frozen in Britain.


Answered by
Baroness Penn Portrait
Baroness Penn
Minister on Leave (Parliamentary Under Secretary of State)
This question was answered on 7th June 2022

The Central Bank of Libya is not designated for financial sanctions by the UN or UK. There are therefore no frozen assets in the UK belonging to Central Bank of Libya.

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