MILAN: Italy’s financial police have seized a further 20 million euros’ worth of properties belonging to the family of former Libyan leader Muammar Qaddafi, bringing the total value of confiscated Libyan assets in Italy to over 1.3 billion euros ($1.6 billion).
Italy started seizing assets that it says belong to Qaddafi’s family in March at the request of the International Criminal Court.
They include stakes in Italy’s largest bank by assets UniCredit, oil and gas giant Eni, defense group Finmeccanica, carmaker Fiat, truckmaker Fiat Industrial and soccer club Juventus.
On Wednesday, police said they had also seized a hotel and fields in the Mediterranean island of Pantelleria.
Italy has said the assets were held by Libya’s sovereign fund, the Libyan Investment Authority (LIA), on behalf of the Qaddafi family.
LIA says it is the legitimate owner of the assets and has lodged an appeal to recover them.
Italy police seize more Qaddafi family assets
