While welcoming progress made by the Liberian Government in rebuilding the war-shattered country, the Security Council today demanded it "make all necessary efforts to fulfil its obligations" to freeze the assets of alleged war criminals and others, and urged it to tighten controls against so-called "blood diamonds" used to finance conflict.
The unanimous resolution followed a report by the Panel of Experts monitoring UN sanctions imposed on Liberia during its decade and a half of civil war, which found that the Government had not made any movement to freeze assets recently designated as owned or benefiting designated individuals, citing new evidence that such individuals still have considerable financial resources.
...