Gaddafi's attempts to withdraw £1 bn from foreign banks foiled

Gaddafi's attempts to withdraw £1 bn from foreign banks foiled: "Attempts by embattled Libyan strongman Muammar Gaddafi to withdraw his billions from British and Canadian banks were thwarted by the authorities, according to reports today.

An attempt was made to export nearly one billion pounds worth of mint Libyan banknotes back to Tripoli, British newspaper 'The Independent' reported.

'Last night the government moved to officially freeze the assets held by the Libyan regime in the UK following sanctions imposed by the UN Security Council. But yesterday it emerged that an attempt was made last week to move 900 million pounds of uncirculated notes held in a secure storage facility in the UK back into Libya,' the report said.

While Canadian 'CTV News' quoting government sources said that Ottawa has imposed binding sanctions on the regime of Gadhafi, a move that would keep his family from withdrawing millions of dollars from Canadian banks."

You Might Also Like :