Italy seizes Gaddafi assets worth more than £1bn
Italian police yesterday seized asssets worth €1.1bn from the family of the late Libyan dictator Muammar Gaddafi, on the request of the International Criminal Court in the Hague.
Most the wealth was in the form of shareholdings, including stakes in Italian bank Unicredit, the Juventus football team and the energy giant Eni.
Colonel Gavino Putzu, of Rome's finance police said the assets also included a Rome apartment, 150 acres of land on the Sicilian island of Pantelleria and two motorcycles, including a Harley Davison.
"The assets will be administered by a special commissioner to be appointed by a Rome court," Mr Putzu said. "All the companies involved have been notified."
Some of the assets had already been frozen last year to comply with UN resolutions when Gaddafi's forces were attacking civilians in Libya.
Italy , Libya's former colonial ruler, had been Gaddafi's closest European ally, with the dictator making several flamboyant visits to Rome to revel in his country's status as oil producer and apparently rub his formers ruler's nose in it.
But pressure from the US government saw the administration of former Prime Minister Silvio Berlusconi abruptly switch sides last April soon after the start of the Nato bombing campaign.
Rome has since rebuilt strong business ties with Tripoli's new rulers, and Eni remains the biggest foreign oil producer in Libya.
Yesterday afternoon's seizure was ordered by the Rome's Appeals Court after the International Court made the request as part of its proceedings against Gaddafi's son, Saif al-Islam, and his intelligence chief, Abdullah al-Senussi. The Hague court hopes the funds may be used to compensate victims of the Gaddafi regime.
The ICC indicted Saif al-Islam, Gaddafi's one-time heir apparent, in June 2011 for crimes against humanity during a crackdown he oversaw on the Libyan rebels.
- 1 If you're not already angry about the migrant crisis, here's a history lesson to remind you why you really should be
- 2 David De Gea: Manchester United goalkeeper's £29m move to Real Madrid off - because paperwork 'not done in time'
- 3 Pansexual: What is it - and when did the term gain popularity?
- 4 A Chinese journalist has appeared on state television 'confessing' to causing the stock market chaos
- 5 Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
Miley Cyrus calls out hypocrisy of women’s nipples being taboo
The man who sold Minecraft to Microsoft for £2.5 billion says it's made him miserable
Nazi 'gold train': Fire engulfs suspected location of vehicle in Poland
Blood Moon and Supermoon: September to bring brightest – and dimmest – full Moon of the year on same night
Isis releases graphic video showing four Shia 'spies' being burned alive in Anbar, Iraq
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
Tony Blair attacks Jeremy Corbyn's 'Alice In Wonderland' politics
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
UN investigating British Government over human rights abuses caused by IDS welfare reforms
£30 - 38k (DOE): Guru Careers: We are seeking a digitally focussed Account Man...
£21000 - £22000 per annum: Recruitment Genius: A growing professional legal pr...
£24000 - £30000 per annum: Recruitment Genius: This exciting and disruptive co...
£23000 - £28000 per annum: Recruitment Genius: Due to expansion, this digital ...