March 2, 2011 / 9:36 PM / 9 years ago

FACTBOX-Sanctions agains Libya

March 2 (Reuters) - Western countries, the European Union and United Nations have imposed sanctions on Libya and frozen government assets in response forces loyal to leader Muammar Gaddafi firing on protesters.

Here are some details sanctions against Libya:

AUSTRIA: Austria has ordered a freeze of any assets belonging to Gaddafi, his family and other associates. Its central bank has said some 1.2 billion euros ($1.66 billion) in Libyan assets were deposited in Austrian institutions.

BRITAIN: Britain said on Feb. 27 it had frozen Gaddafi’s assets and lifted his diplomatic immunity.

— The freeze covers not only assets held in the names of Gaddafi and his children, but assets controlled by them. — The Gaddafi family is reported to have billions of dollars of investments in London, while Gaddafi’s son, Saif al-Islam, owns a 10 million pound ($16 million) home there.

— The British government also barred the export of uncirculated Libyan banknotes from Britain without a licence.

CANADA: Canada has frozen C$2.3 billion ($2.4 billion) worth of assets belonging to Gaddafi, a government official said on March 1. Ottawa announced a clampdown on doing business with Libyan institutions on Feb. 27 and later said it had blocked unspecified financial dealings the Libyan government had planned to carry out in Canada.

ITALY: The Bank of Italy on Wednesday ordered financial institutions to report any suspicious movements in accounts held by members of the Gaddafi family or his government.

SPAIN: Spain has frozen a tourism project on the Costa del Sol owned by Gaddafi and is seeking other assets and bank accounts linked to the Libyan leader, the Foreign Ministry said on Wednesday.

SWITZERLAND: Switzerland said on Feb. 24 it was freezing any assets Gaddafi and his family might have in the country, prompting a strong reaction from Tripoli that demanded evidence be produced. A spokesman for the Swiss Foreign Ministry said it was not clear if Gaddafi and parties close to him actually did have assets in Switzerland. This would be announced in the coming weeks.

— Libya’s Foreign Ministry denied Gaddafi holds banks accounts in Switzerland or in any other bank around the world.

— Relations between Switzerland and Libya soured in 2008 when Geneva police arrested a son of Gaddafi on charges, later dropped, of abusing two domestic employees. Libya withdrew millions of dollars from Swiss banks.

UNITED STATES: President Barack Obama signed an executive order on Feb. 25 freezing the assets of Gaddafi, his family and top officials, as well as the Libyan government, the country’s central bank and sovereign wealth funds.

— A U.S. Treasury Department official said on Feb. 28 about $30 billion in assets in the United States have been blocked from access by Gaddafi and his family.


EUROPEAN UNION: EU governments approved a package of sanctions on Feb. 28 against Gaddafi and his closest advisers, including an arms embargo and bans on travel to the bloc.

— The 27 EU states agreed to freeze the assets of Gaddafi, his family and government, and ban the sale of goods such as tear gas and anti-riot equipment.

— They extended the visa ban to another 10 individuals in addition to the 16 on the U.N. list and froze the assets of 20 individuals in addition to Gaddafi and five family members.

ICC: The International Criminal Court prosecutor said on Wednesday he would open an investigation into the violence in Libya after the U.N. Security Council referred the case to the Hague-based court.

UNITED NATIONS: The Security Council imposed travel bans and asset freezes on Gaddafi and his family on Feb. 26, and referred Libya’s crackdown on anti-government demonstrators to the International Criminal Court.

— On March 1, the U.N. General Assembly unanimously suspended Libya’s membership in the U.N. Human Rights Council because of violence against protesters by Gaddafi forces.

— The resolution was adopted by consensus in the 192-nation General Assembly on the basis of a recommendation from the 47-member Geneva-based council, the principal U.N. rights forum. That body accused Libyan authorities of “gross and systematic violations of human rights”.

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