Bloomberg News

Qaddafi’s Wife Has Travel Banned, Assets Frozen by UN Council

June 27, 2011

June 27 (Bloomberg) -- Libyan leader Muammar Qaddafi’s wife, the country’s minister of planning and finance and the Zueitina Oil Company have been added to the list of persons and entities subject to the United Nations travel ban and asset freeze.

It’s the first tightening of sanctions against the regime in three months. The U.S., Britain, France and Germany proposed in April to impose sanctions on 24 persons and 30 companies alleged to have financed or otherwise supported attacks on anti- government protesters. Unanimous approval of all 15 members of the UN Security Council is required for such action, and Russia didn’t give its consent to any of the designations until June 24.

The list now includes Qaddafi’s wife, Safia Farkash al- Barassi, and Minister for Planning and Finance Abdelhazi Zlitni. The Zueitina Oil Company is described as “owned or controlled by Libyan National Oil Corporation,” which was sanctioned on March 17.

Still pending are proposed sanctions on Prime Minister Baghdadi al-Mahmoudi and other top government officials, the Libyan Jamahirya Broadcasting Corp., the National Commercial Bank and the Sirte, Ras Lanuf, Waha and Brega oil companies. China and Russia have blocked the necessary accord to add them to the sanctions list.

Qaddafi, his seven sons, his daughter, two cousins and 11 other government officials were previously hit with a travel ban and asset freeze, and the assets of the Central Bank of Libya were frozen.

--Editors: Steven Komarow, Terry Atlas

To contact the reporter on this story: Bill Varner at the United Nations at wvarner@bloomberg.net

To contact the editor responsible for this story: Mark Silva in Washington at msilva34@bloomberg.net


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