A court in Malta ordered that over €90 million held by a Maltese bank - and linked to the former dictator Muammar Gaddafi - be returned to the Libyan state, according to reports on Tuesday. Some €96 million linked to blood relatives of slain Libyan dictator Muammar Gaddafi and held by a Maltese bank must be returned to the conflict-ridden Libyan state following a ruling by Malta's courts on Tuesday. The six-year case filed by the Libyan Attorney General accused the Maltese bank, the Bank of Valletta (BoV), of breaching "know your customer" rules by holding vast sums for Gaddafi under a different name, Muatasimbllah Muammar Abuminyar. Moreover, he had failed to submit a full declaration of assets as prescribed by the laws of his country," the Maltese newspaper said. Gaddafi's widow, Safia Farkash, contested the claims filed by the Libyan Attorney General.

Source: Libya Today June 29, 2022 13:23 UTC