Freezing of Assets: Libya
Commons · Question 16378 · Tabled 7 Jul 2026 · Treasury · Official record
Answered 13 Jul 2026
Question
Asked by Gregory Campbell
To ask the Chancellor of the Exchequer, what estimate the Office for Financial Sanctions Implementation has made of any changes to the valuation of Libyan frozen assets in the past eighteen months.
Answer
Answered by Rachel Blake, 13 Jul 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 a...