In response to recent reports circulating across various media platforms concerning the status of Libya’s frozen assets abroad, the Libyan Investment Authority (LIA) is closely monitoring the situation and the rumours spreading on social media regarding the alleged unfreezing of these funds. The LIA categorically affirms that these claims are unfounded, inaccurate, and lack any basis in credible sources or official statements from the relevant authorities.

Furthermore, it wishes to emphasize that the matter of Libya’s frozen assets remains a top priority, given the significant financial and economic repercussions resulting from the ongoing freeze. Moreover, it remains committed to addressing the adverse effects of these freezing measures. In particular, the inability to reinvest surplus funds upon maturity has led to idle cash, which has negatively impacted both the performance of its investment portfolios and its annual returns. As an independent sovereign wealth fund, the LIA manages these assets with strict adherence to established regulations and internationally recognized governance standards.

In this context, it operates pursuant to a clear, strategic plan and in close coordination with the Government of National Unity to develop balanced and transparent mechanisms that safeguard these assets and facilitate their gradual reintegration into active investment, while fully complying with international regulations and serving the best interests of the Libyan people.

Moreover, the LIA reiterated on multiple occasions that it has not requested the lifting of the asset freeze. Rather, it seeks to ensure the effective management and full utilization of these assets within the framework of the existing freezing measures and in accordance with United Nations Security Council resolutions.

The LIA also reassures the Libyan public that all its investment portfolios and funds are subject to regular oversight by local authorities, including the Audit Bureau and the Administrative Control Authority, as well as by internationally licensed auditors. Furthermore, its accounts are consistently reviewed in accordance with international standards of governance, transparency, and disclosure. As it firmly denies any communication with parties advocating for the lifting of the freeze and confirms that all official communications and updates are conducted exclusively with the Prime Minister of the Government of National Unity, who serves as Chairman of the LIA’s Board of Trustees.

Finally, the LIA reaffirms its commitment to professional and responsible disclosure and urges all media outlets to exercise due diligence in verifying their sources before publishing any information related to Libya’s frozen assets. It also reserves its legal right to take action against any parties disseminating false claims that could undermine confidence in the LIA as a sovereign institution entrusted with managing Libya’s assets worldwide.