UAE Banks asked to Freeze Assets of 19 Libyans


Dubai, Jun 21 (PTI) UAE's central bank has instructed banks operating in the country to freeze the assets of 19 Libyan individuals and entities in line with the two UN Security Council resolutions against the Muammar Gaddafi regime.

"We have implemented UN Security Council's Resolutions on Libya and are in the process of preparing a report. We are expecting with the next week or so to complete the report for onward submission to the Ministry of Foreign Affairs," said Abdul Rahim Al Awadi, executive director at the UAE central bank's anti-money laundering and suspicious cases unit.

  

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Title: UAE Banks asked to Freeze Assets of 19 Libyans



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