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More news from Reuters

France hands Libya rebels $259 mln in unfrozen funds

Mon, 1 Aug 2011 16:51 GMT

Source: reuters // Reuters

PARIS, Aug 1 (Reuters) - France will place $259 million at the disposal of Libya's National Transition Council (NTC) after un-freezing Libyan assets in the country, Foreign Minister Alain Juppe said on Monday.

The NTC has committed to use the funds for humanitarian purposes, respecting European guidelines, according to a foreign ministry statement released after a meeting between Juppe and the NTC's special envoy in Paris, Mansour Seyf al-Nasr. (Reporting by Daniel Flynn; Editing by Jon Hemming)

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