The Libyan Investment Authority said on Sunday that it has received the interest payments on the Libyan funds frozen in Belgian banks until the end of October 2017, but its statement does not reveal details on who benefitted from this money, which some reports hint that it was either misused in Libya or embezzled.
The authority’s statement came in response to Belgium’s acknowledgment that Euroclear Bank in Brussels transferred the interests of Libyan funds that are frozen in four Belgian banks to bank accounts in Luxembourg, Bahrain and Britain.
According to the authority, the accounts that received the funds are “special authority accounts abroad.” It added that withdrawing the interests was based “on the sanctions system imposed by the UN Security Council at the beginning of 2011 and which some countries, including Belgium, interpreted as lifting off the freeze over interests and dividends of the frozen funds.”
The authority however did not provide any information about where these funds ended up and said it will launch an investigation to know the fate of the funds which were transferred to its accounts in Euroclear Bank, noting that these funds were transferred during a former administration’s term. It added that it will submit a report on the matter to the UN and relevant authorities.
نستخدم ملفات الكوكيز لنسهل عليك استخدام مواقعنا الإلكترونية ونكيف المحتوى والإعلانات وفقا لمتطلباتك واحتياجاتك الخاصة، لتوفير ميزات وسائل التواصل الاجتماعية ولتحليل حركة المرور لدينا...اعرف أكثر