Middle East Economic Survey


No 10


Sanctions Freeze $36Bn In Libyan Assets, More To Follow

Overlap/opacity of state and rulers assets hinders the effort.

As Mu'ammar al-Qadhafi started to lose his hold on power in Libya, with the second largest city, Benghazi, and the key oil export terminal of Marsa al-Brega seized by his opponents, the countrys purse-strings were also being wrested from his grasp. Over $36bn of the assets the Qadhafi family is believed to control around...