The World PostFranceLibyalibya uprising

Libya Rebels Receive $259 Million In Unfrozen Funds From France

France Hands Libya Rebels Over $250 Million In Unfrozen Funds
|
Open Image Modal

PARIS (Reuters) – France will place $259 million at the disposal of Libya's National Transition Council (NTC) after un-freezing Libyan assets in the country, Foreign Minister Alain Juppe said on Monday.

The NTC has committed to use the funds for humanitarian purposes, respecting European guidelines, according to a foreign ministry statement released after a meeting between Juppe and the NTC's special envoy in Paris, Mansour Seyf al-Nasr.(Reporting by Daniel Flynn; Editing by Jon Hemming)

Copyright 2011 Thomson Reuters. Click for Restrictions.

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost
Suggest a correction
|
Submit a tip