LIA Assets in Brussels to Stay in the Euroclear Banking System

Posted on 06/15/2020


A Brussels court has ruled that US$ 15 billion of frozen assets of the Libyan Investment Authority (LIA) must remain in the ultimate control of the sovereign wealth fund. The court also ruled that the funds cannot be transferred out of the Euroclear banking system. The ruling was released on June 11, 2020 by a […]

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