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US imposes sanctions on Libya

The United States has banned business with Libya’s foreign minister and 16 companies that are owned or controled by the country’s government.

THE UNITED STATES has slapped additional sanctions on Libya’s government, banning business with its foreign minister and 16 companies it owns or controls.

The Treasury Department said Tuesday it was freezing any assets linked to Foreign Minister Moussa Koussa to isolate Libyan leader Muammar Gaddafi’s loyalists as the government continues its bloody crackdown on opposition.

Today’s designation of Moussa Koussa builds on the strong steps taken by the United States to apply targeted, financial pressure on the Kadhafi regime,” David Cohen, acting under secretary for terrorism and financial intelligence, said in the statement, reports AFP.

The blacklisted companies are from Libya’s banking, oil, aviation and investment sectors.

They are: Afriqiyah Airways; National Oil Corporation; Libya Investment Authority; Libya Africa Investment Portfolio; Libyan African Investment Company; Libyan Arab Foreign Investment Company; Libya Arab Foreign Bank; Economic and Social Development Fund Company; Gomhouria Bank; Al Wafa Bank; Agricultural Bank; National Commercial Bank; National Banking Corporation; Sahara Bank; Savings and Real Estate Investment Bank; and First Gulf Libyan Bank.

Additional reporting by AP

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    Mute trickytrixster
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    Feb 18th 2015, 11:35 AM

    Not to be sniffed at

    168
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    Mute Cabe
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    Feb 18th 2015, 11:50 AM

    Poor fella’s Pancake Tuesday was ruined!

    163
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    Mute ThE DucKz NuTz
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    Feb 18th 2015, 11:58 AM

    If you can afford cocaine its gods way of telling you that you have way too much money and time to waste……

    52
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    Mute Sternn
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    Feb 18th 2015, 12:02 PM

    Then why are they shopping at the dollar store?

    83
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    Mute ThE DucKz NuTz
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    Feb 18th 2015, 12:18 PM

    Im only a duck sure how would i know why they were shopping in that shop….

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    Mute Del Haven
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    Feb 18th 2015, 12:21 PM

    How does a duck know what direction south is?

    29
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    Mute ThE DucKz NuTz
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    Feb 18th 2015, 12:31 PM

    I asked Mrs Duck and she reckons that we can sense the worlds magnetic field… but that doesn’t bother us any more we flew here some years ago and found the social welfare and free home to good an offer to ever leave…

    90
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    Mute Shawn Rahoon
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    Feb 18th 2015, 12:44 PM

    So you have way too much money and time to waste. quack! quack! quack!

    19
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    Mute PrisonLove StringBand
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    Feb 18th 2015, 1:53 PM

    Two ducks flying over Northern Ireland. One says, “Quack! Quack!”. Other days, “I’m goin’ as quack as I can…”.

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    Mute PrisonLove StringBand
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    Feb 18th 2015, 1:54 PM

    *says!!

    3
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    Mute ThE DucKz NuTz
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    Feb 18th 2015, 2:03 PM

    Im an albino duck leave me alone

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    Mute Michael Latimer
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    Feb 18th 2015, 7:54 PM

    I think your both on coke !!!

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    Mute fact&ionlydealinfact
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    Feb 18th 2015, 8:51 PM

    Jesus lads, the quack is ninety in here tonight.

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    Mute dj dangermouse
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    Feb 18th 2015, 11:38 AM

    Poor fella that left it there is probably strung out of his head.

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    Mute Chris D
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    Feb 18th 2015, 1:55 PM

    Why is your picture that of a goose?

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    Mute Sheik Yahbouti
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    Feb 18th 2015, 3:17 PM

    Aaww, that has really cheered me up. You have GOT to love this police department. Polite and ever optimistic, what’s not to like?

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    Mute William Quill
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    Feb 18th 2015, 11:57 PM

    Oh no, not cocaine. What am I on about? No, what do you call them? Raisins.

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