BREAKING NEWS

Austria orders freeze on Libya money manager assets

By REUTERS

MARCH 4, 2011 07:53

VIENNA - Austria widened an asset freeze list on Friday to include a top official at the Libyan Investment Authority (LIA) because of possible links to Muammar Gaddafi's inner circle.

The move against LIA deputy chief Mustafa Zarti, who has an Austrian passport, follows international sanctions on Gaddafi's family and associates.

A central bank decree published in the official gazette described Zarti as a "close confidant of the regime in Libya."

It noted he was also a top executive of Libya's National Oil Corp, head of the Tamoil oil and petrol station group, and deputy chairman of First Energy Bank in Bahrain.

Zarti, 40, was called in for questioning by Viennese authorities on Thursday and later released, broadcaster ORF had reported, citing Interior Minister Maria Fekter.

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