washingtonpost.com
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Breaking News Alert: Breaking News: U.S. freezes $30 billion in Libyan government assets
February 28, 2011 2:34:17 PM
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The U.S. Treasury Department announced Monday that it has frozen at least $30 billion in Libyan government assets under U.S. jurisdiction. "This is the largest blocking under any sanctions program ever," said David Cohen, the department's acting undersecretary for terrorism and financial intelligence. The announcement comes as U.S. and European governments tighten sanctions against the government of Libyan leader Moammar Gaddafi.
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