£130m Unfrozen Cash Sent To Libya

[emezico]

The RAF is flying £130m of Libyan banknotes (280m Libyan dinars) to Libya after an assets freeze aimed at Col Muammar Gaddafi was lifted.

The cash, printed in the UK, is the first tranche of £950m that will be handed to Libya's Central Bank.

A Whitehall official said the money should be available for cash machines and banks in Libya very quickly.

The currency was released following a decision by the United Nations sanctions committee in New York.

BBC