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

Austria orders freeze on Libya money assets

Posted on 07 March 2011

From Omanobserver.om: Austria widened an asset freeze list yesterday to include a top official at the Libyan Investment Authority (LIA) and said it would question him about possible links to Muammar Gaddafi’s inner circle.
The move against LIA deputy chief Mustafa Zarti, who has an Austrian passport, follows international sanctions on Gaddafi’s family and associates. Libya’s main sovereign wealth fund, the LIA, controls about $65 billion……………………………………….Full Article: Source

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