Local Belgian media has revealed that about 10 billion euros ($12.3 billion) have disappeared from four frozen Euroclear Bank accounts belonging to two Libyan state agencies.

The accounts containing 16.1 billion euros of state funds were frozen since March 2011 in accordance with a United Nations resolution as part of sanctions against the late Muammar Gaddafi’s inner circle, reports weekly newspaper Le Vif.

“There remains a little less than 5 billion euros on the four accounts opened at Euroclear Bank SA,” they quoted Denis Goeman, a spokesman from Brussels prosecutor’s office.

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