Interpol Targets Qaddifi Family Art Collection

May 18th, 2013

Saif Al-Islam Gaddafi showing off art, via Art NewspaperIn a drive to recover billions of dollars in assets pillaged by the Qaddafi family in Libya, the UK government and Interpol have confirmed that they will work to seize and return art to its rightful owners.  The family’s assets, frozen shortly after Muamar Qaddafii initiated a crackdown on protestors in 2011, are thought to total around $168 billion, including art collections used to hide ill-gotten funds.  “Art was probably bought through other organisations not affiliated with the regime or through investment groups,” says Libyan embassy spokesperson Ghazi Gheblawi. “It is something that should be investigated.”

Read more at The Art Newspaper