Austria freezes Gaddafi family assets

By REUTERS
March 1, 2011 11:10

VIENNA - Austria has frozen assets of Libyan leader Muammar Gaddafi's family and other associates subject to European Union sanctions, the country's central bank (OeNB) said on Tuesday.

"The OeNB states that around 1.2 billion euros ($1.66 billion) in Libyan assets are deposited in Austrian financial institutions," the OeNB said in a statement.

"What part of this relates to people on the sanctions list still needs to be clarified," the statement added.


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