| Libya's sovereign wealth fund sanctions will be given considerations by the U.N Security Council. This move will only be possible if a unity government will be formed to take control of the funds as well as Libya's Central Bank and the National Oil Corporation.
In 2011, the U.N council froze the assets of the Libyan Investment Authority after the fall of is former leader Muammar Gaddafi in order for the funds to be safe, but this action has led the country to a deeper disarray as per Reuters. As reported by the ABC News, Ibrahim Dabbashi, Libya's U.N Ambassador, was surprised due to government inaction regarding the request for an exemption from U.N sanctions for the LIA so that it will be able to manage the frozen assets while it is still under the control of the U.N..............................................Full Article: Source
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