ACCESSION NUMBER:222022 FILE ID:TX-501 DATE:04/03/92 TITLE:EDITORIAL: LIBYAN SPONSORED TERRORISM (430) (04/03/92) TEXT:*92040301.TXT EDITORIAL: LIBYAN SPONSORED TERRORISM (430) (Following is an editorial, broadcast by the Voice of America April 3, reflecting the views of the U.S. government.) The U.N. Security Council has called for collective action against Libya. In a resolution adopted on March 31, the Security Council voted to impose mandatory sanctions on Libya unless the regime of Muammar Qadhafi cooperates in efforts to bring to justice those responsible for the 1988 bombing of a U.S. airliner and the 1989 bombing of a French airliner. More than 400 people lost their lives in these savage acts of international terrorism. Last November, U.S. and British authorities issued warrants for the arrest of two Libyans in conjunction with the bombing of Pan Am flight 103 over Lockerbie, Scotland. The United States has conclusive evidence connecting Abdel Ali Al-Megrahi, a senior Libyan intelligence official, and Lamem Fhimah, former manager of the Libyan airlines office in Malta, to the suitcase bomb that was used to murder 270 men, women and children. In January, the U.N. Security Council passed Resolution 731 supporting U.S., British and French government demands for the surrender of Libyans connected with the bombings. The Security Council resolution also requires Libya to pay appropriate compensation for the murders, to cease all terrorist actions and support of terrorist groups, and to cooperate in the investigation. The Security Council resolution adopted this week gives the Libyan government until April 15 to comply with Resolution 731 or face international sanctions. For its part, the United States is freezing the assets of 46 multinational 1orporations controlled by or tied to Libya. Richard Newcomb, director of the U.S. Treasury Department's Office of Foreign Assets Control, announced the U.S. decision on March 27 as a response to "Qadhafi's continued use of terrorism as a tool of Libyan foreign policy." Under U.S. law, doing business with any of the 46 Libyan interests could result in fines as high as a half-million dollars and prison terms of up to 10 years. Newcomb noted that, "Naming these companies helps to expose the extent of Libyan holdings abroad and emphasizes the U.S. commitment to denying Libya the benefit of normal international commercial relations with the United States." The United States and the U.N. Security Council have made it clear to Libya's dictator that the international community will not tolerate state-supported terrorism. The sanctions are a first step in an important process -- holding state sponsors of terrorism accountable for the death and destruction they cause. NNNN .