Contact Group agrees on asset release as Russia urges UN role in post-Qaddafi Libya

11/08/2011

Diplomats of the Contact Group on Libya have agreed to speed up the release of some $2.5 billion dollars in frozen Libyan assets by the middle of next week, a senior rebel official said Thursday, as Russia stressed it was important that the UN Security Council play a “leading role” in post-Qaddafi Libya.

“There are not promises, but there is something on the ground moving. We will get about $2.5 billion before the end of the month,” Fathi Baja, the head of the rebel political affairs committee, said after the meeting in Istanbul.

Source: www.alarabiya.net