EMAIL SIGN UP!
Progressive Community
The press releases posted here have been submitted by
America's Progressive Community
For further information or to comment on this press release, please contact the organization directly.
Most Popular This Week
- Wisconsin Bill Would Treat Organic Milk, Sharp Cheddar, Brown Eggs as "Junk Food"
- As Death Toll Rises Beyond 500, Garment Factory Disaster 'Worst in World History'
- Climate Change's 'Evil Twin': Ocean Acidification
- Pregnant Anti-War Soldier Sent to Prison
- Move Over, Koch Brothers: A Bigger, Darker Rightwing Funder Is Out to Destroy Public Education
- Move Over, Koch Brothers: A Bigger, Darker Rightwing Funder Is Out to Destroy Public Education
- Time for Big Green to Go Fossil Free
- Wisconsin Bill Would Treat Organic Milk, Sharp Cheddar, Brown Eggs as "Junk Food"
- Climate Change's 'Evil Twin': Ocean Acidification
- Patent Filing Claims Solar Energy ‘Breakthrough’
Today's Top News
|
FOR IMMEDIATE RELEASE |
CONTACT: Congressman Dennis Kucinich Nathan White (202)225-5871 |
Kucinich Requests Administration’s Legal Rationale to Vest Libyan Assets
WASHINGTON - July 21 - Congressman Dennis Kucinich (D-OH) today requested that Secretary of State Hilary Clinton and Secretary of Treasury Timothy Geithner provide “the legal justification that will be invoked to allow the Administration to go beyond seizing Libyan assets to vesting and redistributing them.” Congressman Kucinich’s letter comes in the wake of United States official recognition of the Transitional National Council (TNC) as the official, interim representative of the Libyan people, which has been reported as paving the way to allow the Administration to release funds frozen from the Gaddafi regime.
“The Administration’s stated intent is to turn over roughly $37 billion of assets to the Transitional National Council… [T]o take effective possession of and redistribute the assets without passage of the authorizing legislation it requested raises questions about a potentially illegal conversion of funds. It would also violate the right of the sovereign people of Libya to decide how they will use the frozen assets since they have yet to formally recognize the TNC as the governing body of Libya,” wrote Kucinich.
“There is a real possibility that the assets will be used not for the humanitarian purposes which they are intended but for instruments of war,” added Kucinich. “According to The New York Times, American officials explained that ‘about $3.5 million of the sum is liquid… and could be provided to the Transitional National Council over time. Although the officials expressed hope that the newly created Transitional National Council would use the money for traditional public services – to pay for health care and electrical power, for example – one of the council’s immediate priorities is arming and training its fighters so they can finally defeat forces loyal to Colonel Gaddafi.’”
See a signed copy of the letter here.
Comments
Note: Disqus 2012 is best viewed on an up to date browser. Click here for information. Instructions for how to sign up to comment can be viewed here. Our Comment Policy can be viewed here. Please follow the guidelines. Note to Readers: Spam Filter May Capture Legitimate Comments...
