Italy police seize 1.1 billion euro Gaddafi family assets

Reuters News
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Posted: Mar 28, 2012 12:05 PM
Italy police seize 1.1 billion euro Gaddafi family assets

MILAN (Reuters) - Italian tax police said on Wednesday it had seized Italian assets worth more than 1.1 billion euros ($1.46 billion) belonging to members of the Gaddafi family.

In a statement, the tax police said the assets include stakes in Italy's largest bank UniCredit, Italian oil and gas giant Eni, Italy's defence group Finmeccanica, carmaker Fiat, truck-maker Fiat Industrial and Turin-based soccer club Juventus.

The police said the seizure has been ordered by the International Criminal Court (ICC) in The Hague.

($1 = 0.7525 euros)

(Reporting by Antonella Ciancio)