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Published: Monday, 8/22/2011

Britain to soon release frozen Libyan assets

Action to help rebels establish order

ASSOCIATED PRESS

LONDON — Britain’s David Cameron says frozen Libyan assets will soon be released to help the country’s rebels establish order.

Cameron says that Britain “soon will be able to release frozen assets that belong to the Libyan people,” after imposing financial sanctions against Moammar Gadhafi’s regime.

He said Monday that events unfolding in Tripoli showed yet another nation in the Middle East was seeing the “end of dictatorship and oppression.”

Cameron says Gadhafi’s regime is “falling apart and in full retreat.” British diplomats would move from the eastern city of Benghazi to Tripoli as soon as it was safe to do so.



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