UAE banks asked to freeze assets of 19 Libyans

The United Arab Emirates central bank has ordered a freeze on the assets of 19 Libyan figures under UN sanctions against Moammer Gaddafi`s regime.

Updated: Jun 21, 2011, 14:16 PM IST

Dubai: The United Arab Emirates central
bank has ordered a freeze on the assets of 19 Libyan figures
under UN sanctions against Moamer Gaddafi`s regime, the Gulf
state`s official WAM news agency announced on Monday.

"The central bank ordered banks, companies and
financial institutions to freeze the assets of 19 Libyan
figures in line with the terms of UN Security Council
resolutions 1970 and 1973," the agency said.

Abdel Rahim al-Awadi, a senior bank official quoted by
WAM, said the central bank was gathering information on the
assets and accounts of the unnamed 19 Libyan figures.

PTI