Press

BBC NEWS

Is this house the key to seizing Gaddafi assets in the UK?

Seven Winnington Close may sound like any suburban address, but this house in London’s “Millionaire’s Row” may be the first Gaddafi family asset in the UK to be returned to the Libyan government – and could help Libyan lawyers reclaim others too. news-blocks

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NBC NEWS

Libya begins battle to seize $20 billion in Gadhafi assets – starting with London mansionnbc

This $16 million house in the Hampstead area of London was bought by Moammar Gaddafi’s playboy son Saadi about six months before the Arab Spring uprisings began.

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Bloomberg Business

Libyan Rebels Seek Qaddafi’s U.K. Cash, Hampstead Mansion

Sept. 1 (Bloomberg) — Muammar Qaddafi’s 12 billion pounds ($19.4 billion) of U.K. assets, including cash and a 10 million-pound mansion in London’s Hampstead neighborhood, are the new targets for the rebels that deposed the former Libyan leader.BB-Logo

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Financial Times

Libya wins case to reclaim Gaddafi’s London home

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The Bureau of Investigative Journalism

Rulers’ Riches. Libya acts to seize £10m Gaddafi house in London

The Gaddafis spent four decades plundering Libya amassing private jets, fast cars and expensive properties the world over. But today could see what international corruption experts claim is the first repatriation of a major asset owned by the deposed Libyan rulers.tbi

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Reuters

Libyan government reclaims Gaddafi mansion in London

(Reuters) – The Libyan government reclaimed possession from Saadi Gaddafi of a London mansion worth 10 million pounds ($16 million) after a British court ruled on Friday it had been bought using stolen Libyan state funds.

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Spear’s

Lies, Oil and Death in the New Libya

Sophie McBain returns to Tripoli on the first BA flight from London to see her former home, now free, and to investigate a very suspicious death spears_magazine_logo

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The Lawyer

Ilford firm Edwards Duthie advises Gaddafi regime on UK asset freezing

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The Economist

Recovering stolen assets
Making a hash of finding the cash

Why have Arab countries recovered so little of the money thought to have been nabbed by their former regimes?ECO

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The Guardian

Libya acts to seize £10m Gaddafi house in London

The Gaddafis spent four decades plundering Libya, amassing private jets, fast cars and expensive properties the world over. But next week could see what international corruption experts say is the first repatriation of a major asset owned by the deposed Libyan rulers.
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