UAE orders asset freeze of 19 Libyans
June 20th, 2011 - 11:10 pm ICT by IANSAbu Dhabi, June 20 (IANS/WAM) The UAE Central Bank has ordered the country’s financial institutions to freeze the assets of 19 Libyans in line with the UN Security Council resolutions, the apex bank said Monday.
Abdulrahim Al Awadi, executive director at the UAE Central Bank, said the resolutions 1970 and 1973 call for freezing the assets of 19 Libyans.
He told reporters that banks, financiers and financial investment institutions have been ordered to freeze any assets and accounts belonging to those named in the resolutions.
“Information is being gathered now and we expect to receive feedback from these institutions within a week so as we can compile a report,” he said.
–IANS/WAM
snb/dg
- Abu Dhabi to host GCC monetary agencies meet Thursday - Mar 09, 2011
- UAE reiterates support to UN's Libya mission - Mar 25, 2011
- UAE launches anti-narcotics drive - Dec 03, 2011
- Abu Dhabi to host aviation expo - Feb 04, 2012
- UAE charity to promote community services - Apr 23, 2011
- UAE, Britain explore cooperation - May 26, 2012
- UAE, US discuss educational cooperation - Oct 04, 2011
- UAE grants citizenship to 53 people - Mar 06, 2012
- Abu Dhabi hosts global space and satellite forum - May 09, 2011
- UAE embassies celebrate National Day - Dec 03, 2011
- UAE moon sighting committee to meet Aug 29 - Aug 23, 2011
- UAE, Sri Lanka discuss judicial cooperation - Oct 03, 2011
- UAE withdraws citizenship from six people - Dec 22, 2011
- Abu Dhabi workshop on monitoring commodity exchange - Nov 06, 2010
- Etihad buys 29 percent stake in Air Berlin - Dec 19, 2011
Tags: abu dhabi, apex, apex bank, assets, banks, dg, executive director, financial institutions, financial investment, financiers, investment institutions, libyans, security council resolutions, un security council, un security council resolutions, wam