London Court of Appeal backs £16 Million award against Gaddafi’s Libyan assets

London Court of Appeal backs £16 Million award against Gaddafi’s Libyan assets

The Court of Appeal in London has upheld a ruling on a property in the capital linked to the late Libyan leader Muammar Gaddafi. The court sided with a US defense contractor in its bid to collect a £16 million award issued by the International Criminal Court (ICC) against the Libyan State. The dispute centers on a claim by the contractor to seize assets associated with Gaddafi’s regime, as part of efforts to enforce the court’s ruling.

Muammar Gaddafi, who ruled Libya for over four decades before his ousting and death in 2011, has remained a central figure in numerous legal battles even after his regime’s collapse. His assets, including property in London, continue to be targeted by various parties seeking compensation for damages caused during his rule. The US defense contractor’s legal action is one of several aimed at securing payments linked to Gaddafi’s legacy of violent repression and international disputes.

The ruling marks a significant victory for the contractor, which has long sought to claim the £16 million award in accordance with the ICC’s decision. Gaddafi’s assets remain a contentious issue, with several countries and organizations seeking justice for actions carried out under his regime. The decision could set a precedent for further attempts to access Libyan assets, particularly as international efforts continue to hold the state accountable for its past actions.

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