UNITED NATIONS (Reuters) - The U.N. Security Council said on Thursday it was ready to consider changes to sanctions on Libya's sovereign wealth fund once a unity government confirms it has control of it, along with the National Oil Corporation and the central bank.
The 15-member council imposed an asset freeze on the Libyan Investment Authority (LIA) in 2011 to prevent the government of former leader Muammar Gaddafi from spiriting away the wealth. A 2011 uprising toppled Gaddafi, but left the country in chaos.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
