Libya: Freezing of Assets

(asked on 2nd September 2020) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty's Government what assessment they have made of the request by the Libyan Investment Authority to the UN to allow the Libyan Investment Authority to invest frozen assets; and what steps they plan to take in response.


Answered by
 Portrait
Lord Ahmad of Wimbledon
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 14th September 2020

Libyan assets in the UK were frozen in 2011 under UN Security Council Resolution 1973, at the request of the Libyan authorities. We are not aware of any formal request by the Libyan Investment Authority to access frozen assets. We are committed to supporting the victims of Qadhafi-sponsored IRA terrorism, and continue to believe the Libyan Government has a responsibility to address their claims.

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