US says $30 billion of Libyan assets blocked

By REUTERS
February 28, 2011 21:57

 
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WASHINGTON - A US Treasury Department official said on Monday that about $30 billion of Libyan assets in the United States have now been blocked from access by Libyan leader Muammar Gaddafi and his family.

David Cohen, acting Treasury under secretary for terrorism and financial intelligence, said the sum was the largest ever blocked. President Barack Obama signed an executive order freezing the assets last Friday in response to Gaddafi's bloody crackdown on an uprising against his 41-year rule.

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