Netherlands joins freeze of Libyan assets

1st March 2011, Comments 0 comments

The finance ministry has told Radio Netherlands Worldwide that the assets of Libyan leaders in the Netherlands will be frozen. Minister Jan Kees de Jager is due to announce on Tuesday that the Dutch Central Bank will be in charge of implementing the measure.

It is not known how much money is involved or which Libyans have assets in the Netherlands.

Following the European Union's decision on Monday to impose financial and other sanctions against Libya, Austria was the first member state to publish details. There is around 1.2 billion euros of Libyan money in various banks accounts in Austria.

© Radio Netherlands Worldwide

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