Posts tagged ‘seized’

February 24, 2011

The Telegraph reports that Britain is poised to seize Gaddafi’s assets

The  Telegraph is reporting that the UK government is in the process of  rounding up the assets of the Libyan regime with an aim to forcing Gaddafi out in the most effective way possible – hitting him in the bank account.

“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.”

Read the rest in the Telegraph here.

Let’s hope this is one more brick being pulled out from the foundations of  this ugly man’s regime.

Advertisements