Libya secured a court ruling in Switzerland lifting a seizure order on a state-owned property in Geneva, according to Ain Libya and Marsad. The case involved a claim by Al-Jalouli Telecommunications. The court canceled the asset freeze and ordered the company to cover legal costs and pay 33,755 Swiss francs in compensation. Libya’s foreign ministry said the decision supports ongoing efforts to protect state assets abroad through legal and diplomatic channels.
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Libya Wins Swiss Ruling on Assets
Politics
23/03/2026
Libya secured a court ruling in Switzerland lifting a seizure order on a state-owned property in Geneva, according to Ain Libya and Marsad. The case involved a claim by Al-Jalouli Telecommunications. The court canceled the asset freeze and ordered the company to cover legal costs and pay 33,755 Swiss francs in compensation. Libya’s foreign ministry said the decision supports ongoing efforts to protect state assets abroad through legal and diplomatic channels.
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