Brussels' Court to reopen judicial deliberations on Libyan frozen funds in Euroclear Bank

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Brussels' Court to reopen judicial deliberations on Libyan frozen funds in Euroclear Bank

January 24, 2019 - 14:55
Written by: SafaAlharathy

The Indictment Chamber of Brussels' Court confirmed the reopening of the judicial deliberations on Libyan funds frozen at the Euroclear Bank in Belgium since 2011, estimated at 14 billion euros.

Belgian news outlets reported Monday, that the decision of the court aims to listen to all parties to assess the extent to which the freezing decision, followed up by the Belgian investigating judge since last October, is being upheld.

Brussels Court is expected to render a decision on the case next May, the Belgian news outlets added.