WORLDPOST
08/01/2011 01:53 pm ET | Updated Oct 01, 2011

Libya Rebels Receive $259 Million In Unfrozen Funds From France

PARIS (Reuters) – France will place $259 million at the disposal of Libya's National Transition Council (NTC) after un-freezing Libyan assets in the country, Foreign Minister Alain Juppe said on Monday.

The NTC has committed to use the funds for humanitarian purposes, respecting European guidelines, according to a foreign ministry statement released after a meeting between Juppe and the NTC's special envoy in Paris, Mansour Seyf al-Nasr.
(Reporting by Daniel Flynn; Editing by Jon Hemming)

Copyright 2011 Thomson Reuters. Click for Restrictions.