Written Question·Treasury·UIN 51166
Freezing of Assets: Libya
Tabled: 9 May 2025
Answered: 15 May 2025
Question
Claire Hanna
Social Democratic & Labour Party — Belfast South and Mid Down
To ask the Chancellor of the Exchequer, what the value inclusive of accrued interest is of assets frozen by the UK that belonged to the Libyan Qaddafi regime.
Answer
Emma ReynoldsThe Office for Financial Sanctions Implementation (OFSI), part of HM Treasury published in its 2023-2024 Annual Review that £13.4 billion in assets relating to the Libya sanctions regime have been reported as frozen as of September 2023. This is an aggreg...
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