Middle East Economic Survey


No 26



Libya Reportedly Withdrew Most Assets From Swiss Banks

Libya has reportedly withdrawn most of its assets from Swiss banks accounts during 2008 some SF5.6bn out of SF5.75bn deposited in Switzerland in a continuing diplomatic row between the two countries, Swiss Radio International said on its website on 28 June. The Swiss Foreign Ministry said that it had no detailed figures on Libyan assets in Switzerland, but that the withdrawal had...