US sanctions 3 firms owned by Libyan government

By REUTERS
May 5, 2011 19:29

WASHINGTON - The United States on Thursday sought to increase pressure on the Libyan government by slapping financial sanctions on three companies owned by Muammar Gaddafi's regime.

London-based Dalia Advisory Ltd, Libya's state broadcasting company and an Algeria-based subsidiary of the Libyan Arab Foreign Investment Company, were added to the US sanctions blacklist.

The sanctions prohibit US transactions with the firms and seek to freeze any assets they may have under U.S. jurisdiction.


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