Thursday, May 5, 2011

U.S. wants to use Gaddafi's frozen assets to aid Libyans

washingtonpost.com
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Breaking News Alert: U.S. wants to use Gaddafi's frozen assets to aid Libyans

May 5, 2011 7:11:27 AM

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The Obama administration wants to use some of the billions of dollars in frozen assets belonging to Libyan leader Moammar Gaddafi and his government to provide humanitarian and other assistance to the Libyans affected by the country's ongoing civil war, Secretary of State Hillary Rodham Clinton said Thursday.

The move, announced at a high-level meeting in Rome on how to shore up Libya's rebels, appeared to be the first time a country has sought to tap some of the massive Libyan wealth blocked by U.N. sanctions in February.
http://link.email.washingtonpost.com/r/8VXTM7/JIRC6I/VG29AQ/9U9AL8/5F15S/ID/h
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