Followers

Thursday, May 5, 2011

US Wants Gaddafi's Assets to Aid Libyans

The Obama administration wants to use some of the billions of dollars in frozen assets belonging to Libyan leader Moammar Gaddafi and his government to provide humanitarian and other assistance to the Libyans affected by the country's ongoing civil war, Secretary of State Hillary Rodham Clinton said Thursday.

The move, announced at a high-level meeting in Rome on how to shore up Libya's rebels, appeared to be the first time a country has sought to tap some of the massive Libyan wealth blocked by U.N. sanctions in February.

For more information, go here.

1 comment:

George Patsourakos said...

Most of the billions of dollars in frozen assets belonging to Moammar Gaddafi and his government should be used to assist Libyans who are fighting for freedom in Libya.