Louay Al-Griw, Media Affairs Advisor at the Libyan Investment Authority, said in an exclusive statement to our source that what was stated during the UN Security Council session clearly reflects the growing level of international confidence in the approach adopted by the Libyan Investment Authority. This approach is based on the quality of its reports, strengthening governance principles, improving financial auditing efficiency, and adhering to the highest standards of transparency and institutional compliance.
Al-Griw added that the Security Council’s confirmation that the frozen assets are preserved for the benefit of the Libyan people, and that maintaining the freeze aims to protect them and ensure their sustainability, represents a clear international message that reinforces confidence in the sound institutional approach followed by the Authority.
He further explained that the resolution also emphasized the importance of managing assets efficiently and transparently, and preventing any erosion or misuse in accordance with the highest international standards. He noted that this aligns with the efforts made by the Libyan Investment Authority in recent years to strengthen governance, disclosure, and financial auditing.
Al-Griw pointed out that the praise for the Authority’s role in conducting a comprehensive audit to determine the true value and legal status of the assets, in addition to enabling it to reinvest part of the frozen liquidity within specific regulatory frameworks, reflects the international community’s conviction in the Authority’s ability to protect and grow these assets for future generations.
He continued that this international recognition did not come by chance, but is the result of continuous strategic work focused on establishing credibility with the international community and strengthening confidence in management mechanisms, oversight, and financial disclosure.
Al-Griw concluded his statement by saying that what was witnessed during the UN Security Council session sends a clear message that the Authority is moving along an institutional and financial path that enjoys international respect and confidence, reinforcing its position as one of the most important sovereign and financial institutions in Libya.
