Written Question·Treasury·UIN 16378

Freezing of Assets: Libya

Tabled: 7 July 2026
Answered: 13 July 2026
Named Day

Question

Mr Gregory Campbell

Democratic Unionist PartyEast Londonderry

To ask the Chancellor of the Exchequer, what estimate the Office for Financial Sanctions Implementation has made of any changes to the valuation of Libyan frozen assets in the past eighteen months.

Answer

Rachel Blake
The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, published in its 2024-2025 Annual Review that over £12.9 billion of assets relating to the Libya sanctions regime have been reported as frozen as of September 2024. This is an a...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 16378) →