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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, People

Chairman and CEO of Libyan Investment Authority: I Demand Continuity of Libyan Funds’ Immobilization

Posted on 06 October 2016

Cairo- AbdulMagid AbdulSalam Breish, Chairman and CEO of the Libyan Investment Authority in Tripoli, revealed to Asharq al-Awsat that several meetings were held with Tobruk LIA Chairman Fawzi Omran Farkash in the past few weeks.
According to Breish, these discussions represent an integral part of the efforts exerted to resolve the conflict between the administrations in Tripoli and Torbuk. Breish said: “Major outcomes of these discussions were: cooperation to reassure continuity of international immobilization, maintaining majority of LIA assets (around USD67 billion) until it’s time to stop immobilization.”…………………………………Full Article: Source


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