Saturday 10 December 2016

Gaddafi staff held €114m 'fire sale' before ejection

Thomas Harding in London

Published 12/08/2011 | 05:00

Libyan diplomats in London attempted a "fire sale" of properties and expensive cars worth up to £100m (€114m) in the days leading up to their expulsion, intelligence sources have disclosed.

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Embassy officials, who have since been ordered out of Britain, tried to sell nine properties and 29 vehicles including limousines and Mercedes.

Britain announced last month that it was recognising the rebel National Transitional Council (NTC) as Libya's only legitimate government and would expel the remaining Tripoli regime diplomats.

It is understood that staff loyal to the NTC were tipped off by British intelligence sources about the "fire sale".

Anti-Gaddafi embassy staff frantically began to hide car keys and lock away title deeds for their homes. The UK treasury is also understood to have stepped in and frozen the sale of all Libyan assets in Britain. (© Daily Telegraph, London)

Irish Independent

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