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Wednesday 2 March 2011

Spain freezes Gaddafi tourism project, sends aid


16:12 | ,

Spain freezes Gaddafi tourism project, sends aid "Spain has frozen a tourism project on the Costa del Sol owned by Muammar Gaddafi and is seeking other assets and bank accounts linked to the Libyan leader, the Foreign Ministry said on Wednesday.Gaddafi's land lies in the municipality of Benahavís, to and from Marbella, Estepona and Ronda.  The embargo on the land prevents Gaddafi and his family from "using the property for financial gain".
The Libyan leader and his family are thought to have other property on the Costa del Sol, and their assets are being analysed by the Government and the Junta de Andalucía.
Gaddafi's finances in Spain are also being looked into, and any bank accounts in his name will be frozen immediately in line with the international sanctions.


It said the government was acting in accordance with sanctions imposed by the European Union and the United Nations against Gaddafi, whose military is fighting against a rebellion that has taken control of much of Libya.


Gaddafi planned to build an estimated 2,000 homes, a golf course and a convention centre on the site in Benahavis, near Marbella, the ministry said.


The block on the property means it cannot be used for profit or be sold."


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