US imposes sanctions on Libyan individuals, Malta-based company

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US imposes sanctions on three individuals and a Malta-based company, accusing them of acting as a network of smugglers and contributing to instability in Libya

The Treasury said that "competition for control of smuggling routes, oil facilities, and transport nodes is a key driver of conflict in Libya and deprives the Libyan people of economic resources."

"Faysal al Wadi and his associates have smuggled fuel from Libya and used Libya as a transit zone to smuggle illicit drugs," said Deputy Treasury Secretary Justin Muzinich. Today, the U.S. imposed financial sanctions on a network of smugglers contributing to instability in Libya and depriving the Libyan people of economic resources. We will continue to take concrete actions in response to those who undermine Libya’s peace, security, or stability.The United States renewed calls for a political solution in Libya.

 

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