WASHINGTON, June 15 (Reuters) - The U.S. Treasury Department on Friday imposed economic sanctions on three Libyan individuals for allegedly belonging to terror groups.

The department accused the three of belonging to both al Qaeda and the Libyan Islamic Fighting Group, known as the LIFG, which wants to overthrow Moammar Gaddafi's government and is linked to Osama bin Laden's al Qaeda.

"These terrorists execute roles throughout al Qaeda and LIFG, from recruitment to military training to procurement of explosive components," Adam Szubin, director of the Office of Foreign Assets Control, said in a statement.

The department exercised an executive order, which freezes the individuals' assets within the United States and prohibits U.S. citizens from doing business with the three.

The three are Nur Al-Din Al-Dibiski, Sa'id Yusif Ali Abu Azizah and Ali Sulayman Mas'ud Abd Al-Sayyid, the statement said.

All three were born in Tripoli and hold Libyan passports, the department said.

Before the Sept. 11 attacks, the United States had designated Libya a state sponsor of terrorism and accused it of seeking weapons of mass destruction. Relations between the two countries have improved with Libya renouncing weapons of mass destruction and being removed from the United States' list of nations sponsoring terrorism.

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