Sat, Apr 30, 2016
A A A
Welcome tstroemlev
RSS

Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Market

US freezes record $30 bln in Libyan assets

Posted on 01 March 2011

From Voanews.com: The United States has frozen $30 billion in assets controlled by Libyan leader Moammar Gadhafi and his family, in what the Obama administration says is the single largest seizure of foreign funds in American history. Treasury officials say some of the assets frozen since Friday belong to Libya’s central bank and its oil-heavy sovereign wealth fund, the Libyan Investment Authority.
The Wall Street Journal reported that the U.S. determined both are directly controlled by Mr. Gadhafi……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 18476 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
April 2016
M T W T F S S
« Mar    
 123
45678910
11121314151617
18192021222324
252627282930