U.S. official: Frozen Libya assets exceed $34 billion
WASHINGTON (Reuters) - Libyan assets frozen by the United States as part of sanctions against Muammar Gaddafi and his top officials have now risen to more than $34 billion, the Treasury's top official for sanctions, anti-terrorism and money laundering said on Thursday.
David Cohen, who is nominated to take over as the Treasury's undersecretary secretary for financial intelligence, told a U.S. Senate confirmation hearing that European authorities have frozen a "substantial amount" of other such assets. He said the amount is difficult to gauge, but probably is less than the more than $34 billion frozen by U.S. authorities.
(Reporting by David Lawder; Editing by James Dalgleish)
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Four dead in apparent Connecticut murder-suicide
- South Korea expands air defense zone to partially overlap China's |
- Singer Susan Boyle reveals she has Asperger's syndrome: paper
- Dynasty's Congress party punished in Indian state elections
Nelson Mandela: 1918 - 2013
Reuters looks at the life and times of Nelson Mandela, an icon of peace and reconciliation who came to embody the struggle for justice around the world. Video