The Libyan Investment Authority (LIA) welcomes the decision of the Brussels Court of Appeal in 21st January 2025, which has ruled to lift all the seizures that have been imposed on the LIA in the Euroclear bank in Brussels. With this decision there are no longer any seizures on the LIA’s assets in the Kingdom of Belgium.

The LIA indicates that these seizures were imposed since October 2017, pursuant to the decision of the Belgian investigating judge. The LIA filed an appeal against theses seizures and brought numerous cases before the Belgian courts over the past years, in implementation of the LIA’s legal strategy for asset protection. These efforts culminated in the acceptance of the appeal field by the LIA and the return of the funds under its authority. Moreover, it is worth mentioning that these funds remain subject to the freezing measures imposed by the UN Security Council’s in 2011.

This success in lifting the seizures coincides with the UN Security Council’s resolution 2769 of 2025 which permits the LIA to invest its frozen cash reserves, enabling the LIA to reinvest its assets while remain frozen to preserve them from erosion risks, optimise their market value, and ensure their sustainable grow.

On this occasion, the LIA seizes the opportunity to express its sincere gratitude and appreciation to the Prime Minister of the Government of National Unity, Chairman of the LIA’s Board of Trustees, for his constant monitoring of this important file and for his support of the LIA’s unwavering efforts. The LIA also extends its gratitude to the Attorney General for his efforts that had a significant impact on these assets ‘preservation, As well as to the LIA’s legal team for their exerted efforts that crowned this success.
In conclusion, The LIA reaffirms its commitment in implementing its legal strategy to protect and preserve its assets for the benefit of the Libyan people .