Saturday 4 October 2008

Libya taps foreign, own companies to fill fund

This is the headline over a story on the Reuters Africa website. The first three paragraphs read:

'Tripoli is tapping U.S., Libyan and other companies to put money into a humanitarian fund for U.S. victims of terrorism, a senior Bush administration official and another source said on Friday.

'The fund, agreed on in August by the United States and Libya to settle terrorism cases on both sides, still has no any money in it but a senior U.S. official said he was confident Tripoli would fulfill its obligations.

'"They (the Libyans) are out there raising their funds," said the senior official, who spoke on condition he not be named because the issue is sensitive.'

The full article can be read here.

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