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

Luxembourg finmin blocks Libyan cenbank, LIA accounts

Posted on 09 March 2011

From Reuters: Luxembourg has frozen accounts belonging to Libya’s central bank and its sovereign wealth fund, Finance Minister Luc Frieden said on Tuesday.
The two blocked accounts held less than one billion euros, a spokesman for Luxembourg’s finance ministry said, after Frieden announced the measures in parliament……………………………………….Full Article: Source


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