Japan freezes $4.4 bn worth of Gaddafi regime assets
June 4th, 2011 - 6:47 pm ICT by IANSMoscow, June 4 (IANS/RIA Novosti) The Japanese government has frozen $4.4 billion in financial accounts of Libyan leader Muammar Gaddafi and his supporters, Japan Today said Saturday.
The measure followed the UN’s sanctions against Libyan authorities. In March, Japan included 18 officials and organisations of the Gaddafi regime and the Central Bank of Libya in the sanctions list.
The US has frozen about $30 billion of Libyan assets along with the EU and Switzerland.
In May, US Secretary of State Hillary Clinton said Washington would use part of the frozen funds in the interests of Libyan people.
Protests against the Gaddafi government began in mid-February and have spiralled into violent confrontation leading to thousands of casualties, according to international organisations.
Libyan authorities have denied the toll.
In March, the UN Security Council introduced a no-fly zone over Libya and started delivering pinpoint air strikes on Gaddafi’s bases. Now NATO controls the operation, which it has extended until September.
–IANS/RIA Novosti
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- France, Britain ready to hit Libya, says Sarkozy - Mar 11, 2011
- UN lifts no-fly zone over Libya - Oct 28, 2011
- Pro-Gaddafi forces renew air attacks on rebels - Mar 08, 2011
- Libyan rebels ask for weapons, says Italy - Apr 13, 2011
- Russia lifts embargo on arms supplies to Libya - May 08, 2012
- Libyan rebels council seeks Arab League recognition - Mar 12, 2011
- NATO strikes on Libya amount to land operation: Moscow - Jun 04, 2011
- Russia-NATO Council to discuss conflict settlement in Libya - Mar 29, 2011
- US calls upon UN to authorise Libya air strikes - Mar 17, 2011
- US lifts most sanctions against Libya - Dec 17, 2011
- US Congress votes against military campaign in Libya - Jun 25, 2011
- EU to unfreeze Libyan banks' assets - Dec 22, 2011
- US stopped 'Gaddafi's deadly advance': Obama (Lead) - Mar 29, 2011
- Hundreds of Libyan refugees feared dead after ship sinks off Libya - May 10, 2011
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