LIA’s temporarily frozen assets released by English courtBy Sami Zaptia. The LIA has described the outcome as ‘‘a significant success’’, which brings an end to three receiverships first established by the English Courts in 2015. The LIA says the ruling conclusively affirms the authority of the LIA’s current leadership. This ruling follows a series of landmark legal victories for the LIA, including decisive rulings by the English Commercial Court and Court of Appeal earlier this year on Mahmoud’s authority and chairmanship. Getting the Libyan Investment Authority back on track again: An interview with LIA chairman Ali Mahmoud Hassan | (libyaherald.com)LIA appoints Ernst & Young (EY) as external auditors | (libyaherald.com)

Source: Libya Herald December 21, 2020 11:37 UTC