Britain to Seize Gadhafi’s Billions
The British treasury suspects that Col. Moammar Gadhafi and his government have more than $30 billion stashed in the U.K., and British authorities are prepared to seize those assets in an effort to force the dictator to step down.
The British treasury suspects that Col. Moammar Gadhafi and his government have more than $30 billion stashed in the U.K., and British authorities are prepared to seize those assets in an effort to force the dictator to step down.
Your support matters…The Telegraph via WikiLeaks:
The funds are expected to be seized within days. The Treasury is understood to have set up a unit to trace Col Gaddafi’s assets in Britain, which are thought to include billions of dollars in bank accounts, commercial property and a £10 million mansion in London.
In total, the Libyan regime is said to have around £20 billion in liquid assets, mostly in London. These are expected to be frozen as part of an international effort to force the dictator from power. A Whitehall source said: “The first priority is to get British nationals out of Libya. But then we are ready to move in on Gaddafi’s assets, the work is under way. This is definitely on the radar at the highest levels.”
Independent journalism is under threat and overshadowed by heavily funded mainstream media.
You can help level the playing field. Become a member.
Your tax-deductible contribution keeps us digging beneath the headlines to give you thought-provoking, investigative reporting and analysis that unearths what's really happening- without compromise.
Give today to support our courageous, independent journalists.
Politics
A Tale of Two Elizabeths, One Joe, One Donald, and Us.
Although Britain's divorce terms have been approved, huge uncertainties surround the future.
Three-plus years after voters approved the referendum, the United Kingdom is on course to leave the European Union next week.
She calls the summit of senior family members "constructive" in dealing with the pair's controversial plan to step back from royal duties.
Canadian, Australian and British leaders announce similar intelligence conclusions about the deaths of all 176 people on board.
The couple's stunning statement says they plan to become financially independent and split their time between the U.K. and North America.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.