Written question asked by Lord Empey (Ulster Unionist Party) on Tuesday, 24 May 2022, in the House of Lords. It was due for an answer on Thursday, 9 June 2022. It was answered by Baroness Penn (Conservative) on Tuesday, 7 June 2022 on behalf of the Treasury.

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Freezing of Assets: Libya

Question

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.

Answer

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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Secondary information

Type

Written question

Reference

HL483

Session

2022-23

Subjects

Libya Freezing of assets

Link

View this Written question on www.parliament.uk