Belgium: 10 Billion Euros of Frozen Libya Assets Disappeared From Euroclear Bank | WHAT REALLY HAPPENED

Belgium: 10 Billion Euros of Frozen Libya Assets Disappeared From Euroclear Bank

Over 16 billion euros were located in four accounts opened for the Libyan Investment Authority and Libyan Foreign Investment Company.

Belgium discovered the disappearance of a significant part of these funds in the fall of 2017, when an investigation into money laundering sought to seize the 16 billion euros.

“It turned out that on the four accounts just over 5 billion euros remained.” Le Vif added.

According to the Belgian Ministry of Finance, Belgium did not take any decision to unfreeze these assets.

The investigation into billions of Gaddafi assets held in Belgium discovered big, regular outflows of stock dividends, bond income, and interest payments, the paper suggests.

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