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Home Libya

UK court hands Saadi’s London house to Libyan government

byMichel Cousins
March 11, 2012
Reading Time: 1 min read
A A

Tripoli, 10 March: The High Court in London on Friday ordered that the home of Saadi Qaddafi be handed over to . . .[restrict]the Libyan government. The judge said that he believed Saadi had used government finds to buy the £10-million (LD 20-million) luxury house in north London.

Saadi bought the neo-Georgian, eight bedroom home in Hampstead Garden Suburb, an area popular with wealthy international figures, particularly members of ruling Arabian Gulf families, shortly before the 17 February Revolution broke out.

The judge ordered that the house, registered in the name of Capitana Seas Limited, a company owned by Saadi and registered in the British Virgin Islands, had to be handed over by Saadi’s lawyers to the Libyan government within two weeks. It had been ‘wrongfully and unlawfully’ purchased, he said.

Capitana Seas were ordered to pay £120,000 in costs.

Neither Capitana Seas nor Qaddafi were represented in court.

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The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

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LAIP to focus on several internal investment projects – to improve quality of life and local development

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