Italy seizes further 20mln euro’s worth of Gaddafi propertiesMay 16, 2012 - 20:50 AMT PanARMENIAN.Net - Italy's financial police have seized a further 20 million euros' worth of properties belonging to the family of former Libyan leader Muammar Gaddafi, 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 Gaddafi'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, defence group Finmeccanica, carmaker Fiat, truckmaker Fiat Industrial and soccer club Juventus. On Wednesday, May 16 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 Gaddafi family. LIA says it is the legitimate owner of the assets and has lodged an appeal to recover them. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora To buy real estate, Diasporans can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia. Armenia-Qatar ties discussed in Doha The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar. ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event. Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province. |