U.S. Wants Libyan Rebels To Have Frozen Funds

May 5, 2011

Secretary of State Hillary Clinton says the administration is trying to free some of the $30 billion of Libyan state funds frozen in the United States to help the rebels in Libya. Clinton is attending a meeting in Rome of the so-called "Libya Contact Group," where the Italian government said a special fund is being set up to channel money to rebel leaders in Benghazi. Two Arab Gulf states said they would make contributions to the fund: Kuwait promised $180 million, while Qatar said it would contribute between $400 million and $500 million.