Written Question·Treasury·UIN 59296
Libya: Freezing of Assets
Tabled: 12 June 2025
Answered: 17 June 2025
Named DayQuestion
Mr Gregory Campbell
Democratic Unionist Party — East Londonderry
To ask the Chancellor of the Exchequer, how she plans to allocate the accruing interest on the assets of the previous Libyan regime.
Answer
Emma ReynoldsInterest accrued on frozen assets is still subject to an asset freeze to be frozen immediately by the person in possession or control of them, but there is no change in ownership of the frozen funds or economic resources, and they are not transferred to H...
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