The United States on Thursday sought to increase pressure on the Libyan government by imposing financial sanctions on three companies owned by Muammar Qadhafi's government. London-based Dalia Advisory Ltd, Libya's state broadcasting company and Lafico Algeria Holdings, an Algeria-based subsidiary of the Libyan Arab Foreign Investment Company, were added to the US sanctions blacklist.
The sanctions prohibit US transactions with the firms and seek to freeze any assets they may have under US jurisdiction. Dalia is owned by the Libyan Investment Authority (LIA), which was established in 2006 to manage the country's oil revenues. In mid-March, the LIA and the Libyan Arab Foreign Investment Company were sanctioned by the United States. The US Treasury has frozen more than $34 billion in Libyan government assets so far. US Secretary of State Hillary Clinton said Washington would seek to unlock some of the frozen funds to help the rebel movement.
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