Italy seizes $1.5 billion in Gadhafi family assets

ROME (AP) ? Italian tax police say they have seized ?1.1 billion ($1.5 billion) in assets from the late Libyan leader Moammar Gadhafi's family and associates, including shares in Italy's biggest bank.

The assets were frozen last year to comply with U.N. resolutions when Gadhafi's forces were attacking civilians in Libya.

The assets include a 1.256 percent share of Italian bank Unicredit, 1.5 percent of Juventus soccer team and 0.58 percent of energy giant Eni.

Tax police Ten. Col. Gavino Putzo told Sky TG24 television channel on Wednesday the assets also included a Rome apartment, land on the Sicilian island of Pantelleria and two motorcycles.

Italian authorities said officials in the Hague, where the International Criminal Court is investigating matters related to Libya, had requested the seizure.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-03-28-EU-Italy-Libya/id-be3b9ffdebcf4475a7c67fc853bafe74

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