Legal
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Wealth and Asset Management
Libyan citizens in UK have funds unfrozen
The action brought by Libyan state-owned British Arab Commercial Bank (BACB) effectively legitimises decisions taken by the Libyan Embassy, now under the control of the Libyan National Transitional Council. The highly unusual ruling came after BACB lodged papers at the Court asking it to decide on the legality of unfreezing…
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Click here to read the full story: Telegraph