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Treasury Blocks 16 More Libyan Entities, Including Aviation, Oil Companies

Taking further steps to isolate the Qadhafi regime, the Treasury Department has announced the designation of Libyan Foreign Minister Moussa Koussa as well as the identification of 16 entities in Libya’s banking, oil, aviation and investment sectors as being owned…

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or controlled by the Government of Libya pursuant to Executive Order 13566, including Afriqiyah Airways and National Oil Corporation. The Office of Foreign Assets Control has also updated its Specially Designated Nationals list to include these designations.