U.S. says Libya puts "substantial" money in fund

By Sue Pleming WASHINGTON (Reuters) - Libya has deposited a "substantial" sum of money into a fund for victims of terrorism but payments cannot be made until Tripoli gives the remaining agreed amount, a senior U.S. official said on Thursday. The official refused to say how much money the Libyans had given but the fund is estimated eventually to total about $1.8 billion. It was agreed on in August by the United States and Libya to settle terrorism cases on both sides from the 1980s. "We have received a substantial amount of money in a U.S. account towards compensating the U.S. victims and families with terrorism-related claims against Libya," said the official, who declined to be named. "We believe that direct deposit of these funds into a U.S. account is evidence of Libya's commitment to fully implementing the claims... [read full story]                    

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