The United Nations Security Council at the United Nations Headquarters in New York Feb. 26, 2016. REUTERS/Brendan McDermid
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The U.N. Security Council said Thursday it was ready to consider changes to sanctions on Libya's sovereign wealth fund once a unity government confirms it has control of it, along with the National Oil Corporation and the central bank.The 15-member council imposed an asset freeze on the Libyan Investment Authority (LIA) in 2011 to prevent the government of former leader Moammar Gadhafi from spiriting away the wealth. Libya's U.N. Ambassador Ibrahim Dabbashi has asked the council for a sanctions exemption on the investment authority, to halt billion-dollar losses caused by ineffective management. The U.N. Security Council expressed its determination to support the unity government.
FOLLOW THIS ARTICLE