The Libyan Investment Authority (LIA) today refuted circulating news alleging that it is discussing (reportedly with the U.S. Trump administration) the possibility of unfreezing of its assets abroad (frozen by a UN Security Council resolution) in return for sharing some of these assets.
It insists this news is untrue and is based on inaccurate information and without any official sources.
It will be recalled that media outlets reported that the Tripoli government allegedly held talks with the administration of US President Donald Trump about the possibility of sharing billions of dollars of frozen Libyan assets.
This proposal to unfreeze and share was allegedly put forward by the Tripoli government when a delegation of U.S. officials visited Libya in early 2025.
The sharing of unfrozen assets would be in return for the administration helping release the frozen assets of about US$ 30 billion, which have been frozen since 2011 by a United Nations Security Council resolution. In return, the United States will receive about US$ 10 billion to be reinvested in Libya, focusing on infrastructure and energy projects.
In its denial statement, the LIA stressed that the frozen assets file is managed professionally and in accordance with international governance standards, in coordination with the Tripoli government, without demanding the lifting of the freeze, but rather the employment of assets within the framework of UN measures.
The statement also stressed that the governor of the institution is subject to periodic monitoring by local (Audit Bureau and Administrative Control Authority) and international bodies.
The LIA said it reserves its legal right to pursue those who promote allegations that harm its credibility.
