UNSC Sanctions Committee confirms ‘‘preserving the integrity and value of Libyan frozen assets meant for the benefit of the Libyan people’’By Sami Zaptia. London, 6 January 2022:The Libyan Investment Authority (LIA) reaffirmed that the UN Security Council Sanctions Committee had re-emphasised that that it is ‘‘preserving the integrity and value of Libyan frozen assets meant for the benefit of the Libyan people.’’The assurance came after the LIA had held a meeting with the UNSC Sanctions Committee in New York in December last year. The Committee previously met with the Libyan Investment Authority on 12 September 2019 and 15 December 2020. Elsonni, and the Chairman of the Board of Directors and CEO of the Libyan Investment Authority, Dr. Ali Mahmoud Hassen Mohammed briefed the Committee on this occasion. Committee members emphasized preserving the integrity and value of the Libyan frozen assets, which are meant for the benefit of the Libyan people.”

Source: Libya Herald January 07, 2022 06:03 UTC