Freezing of Assets: Libya
(asked on 23rd October 2026) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the total worth of the frozen assets of the previous Libyan regime.
This question was answered on 28th October 2026
The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, published in its 2024-2025 Annual Review that over £12.9 billion of assets relating to the Libya sanctions regime have been reported as frozen as of September 2024. This is an aggregated total of all entities and individuals listed on the Consolidated List of Financial Sanctions Targets.