ID: ARW-134
Muammar el-Qaddafi (and related entities and individuals) (Sweden chapter)
According to a March 23, 2011 statement by Sweden's Finansinspektionen (Financial Supervisory Authority), pursuant to the European Union Sanctions Regulation concerning restrictive measures with regard to the situation in Libya, Swedish financial institutions had reported to the Financial Authority that a total of more than 10 billion kronor had been frozen to date. Citing confidentiality rules, the Financial Authority did not release additional information. (Source: Government of Sweded, Finansinpektionen, "Frysta libyska tillgångar i Sverige," March 23, 2011.)
According to the Wall Street Journal, Sweden froze nearly $1.6 billion in Libyan assets. (Source: Wall Street Journal Corruption Currents Blog, "Sweden Freezes Nearly $1.6 Billion In Libyan Assets," March 23, 2011.)
Mr. Qaddafi passed away on October 20, 2011 (Source: New York Times, "Muammar el Qaddafi"); as of October 31, 2011 cases in investigatory stage as to other individuals and entities.
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