Britain looks to unfreeze 12bln stg Libya assets

TRIPOLI (Reuters) – Britain’s Prime Minister David Cameron today said his government would look to unfreeze a further 12 billion pounds ($18.9 billion)in Libyan assets if a United Nations Security Council resolution on Libya was passed.
“We (Britain) have already unfrozen a billion pounds worth of assets and if we can pass the UN resolution that we will be putting forward with France tomorrow, there’s a further 12 billion pounds of assets in the UK alone that we will be looking to unfreeze,” Cameron told a news conference in the Libyan capital Tripoli.
Cameron was on a joint visit to Tripoli with French President Nicolas Sarkozy. Both leaders will visit Benghazi, the cradle of the revolution that overthrew Muammar Gaddafi, later today.