Written Question·Treasury·UIN 51166

Freezing of Assets: Libya

Tabled: 9 May 2025
Answered: 15 May 2025

Question

Claire Hanna

Social Democratic & Labour PartyBelfast 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 Reynolds
The 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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