Tag Archives | Assets

US Group Hired by "Arms Dealers" to Locate Billions

American lobbying firm The Ben Barnes Group has been retained by a Libyan organisation to help locate assets hidden by former Libyan leader Muammar Gaddafi. The company is headed by Ben Barnes (pictured), the former Speaker of Speaker of the Texas House of Representatives. According to documents recently filed under the United States' Foreign Agents […]

South Africa to Investigate Stashed Gaddafi Assets

The South African Treasury is investigating Libyan claims that Muammar Gaddafi and his family stashed money and other assets in the country. A spokesman for the South African Finance Minister, Pravin Gordhan (pictured), said that a group claiming to represent the Libyan government has asked the South African government for help in tracking more than […]

Interpol, Libya Work to Recover Stolen Assets

Identifying how INTERPOL can provide additional assistance in the recovery of assets stolen during the Gaddafi regime and help enhance national and regional security were key issues during a meeting between INTERPOL Secretary General Ronald K. Noble and Prime Minister Ali Zeidan. With Secretary General Noble also meeting Interior Minister Ashour Shuwail and Foreign Minister […]

Libyan wealth fund to appeal against asset seizure in Italy

Libya's sovereign fund said on Thursday it would appeal to recover around 1.1 billion euros of assets, including stakes in top Italian companies, that were seized in Italy last month at the request of the International Criminal Court. Italian financial police had seized the assets saying they belonged to members of the Gaddafi family, but the […]

$1.5B of Gaddafi’s assets seized by Italian government

Italy on Wednesday seized more than $1.5 billion of assets controlled by the Libyan dictator Muammar Gaddafi’s family including stakes in top companies, land and a Harley Davidson. The seizure by tax police officers followed a request by the International Criminal Court in The Hague, which is seeking the extradition from Libya of Gaddafi’s son […]