2011-08-02
The release by Turkey of frozen Kadhafi assets will enable Libya's National Transitional Council (TNC) to make small cash donations to families, Financial Times reported on Monday (August 1st). According to TNC deputy chief Abdelhafed Ghoga, the funds aim to reduce the burden of rising Ramadan costs on Libyan families.
Also Monday, France released 181 million euros of the Libyan regime's frozen funds, AFP reported. "These are funds that belong to the Libyan people," TNC Ambassador to France Mansour Sayf al-Nasr said after meeting with French Foreign Minister Alain Juppé. The money released by France to the rebel council will be used to buy "food and medicine", he said.
Source: Magharebia.
Link: http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2011/08/02/newsbrief-02.
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