Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Interpol axes red notice for Libyan official in legal storm with Belgian prince

Interpol axes red notice for Libyan official in legal storm with Belgian prince

Interpol has axed a red notice for a senior Libyan official who is embroiled in a $72 million debt row with a Belgian prince, The Times reported on Monday.
The move represents a major loss for Prince Laurent of Belgium, the king’s brother, who was accused by Ali Mahmoud Hassan Mohammed, chairman and CEO of the Libyan Investment Authority, of using his influence to wage a major legal campaign.

The row dates back to 2008, when the Global Sustainable Development Trust, led by the prince, struck a deal with the Qaddafi government in Libya to launch a reforestation campaign.

But in 2011, with the Libyan uprising breaking out, the UN Security Council froze all state assets, impeding the ability of the Libyan side to keep up its side of the deal.

The initial contract of $18 million has since grown to $67 million in claimed losses as a result of costs and interest.

In 2014, a Belgian court ruled in favor of the prince’s trust, ordering Libya’s Agriculture Ministry to pay compensation.

And in late 2021, following a Belgian request, Interpol issued a red notice for Mohammed, the official who was allegedly at the center of the failed deal on the Libyan side.

However, the international crime-fighting organization removed the red notice after it found that its retaining of data on Mohammed failed to comply with regulations. Representatives of the Libyan official labeled the decision a “major victory.”

A separate European arrest warrant for Mohammed issued by Belgium remains in place, however, but is now being challenged by the Libyan side.

Mohammed, in a statement, said Interpol had seen the case “exactly for what it is — a politically motivated campaign against me.”

His lawyer said the red notice was “one part of this campaign to seize (investment authority) funds inappropriately instead of resolving the dispute through the proper legal channels.”
Newsletter

Related Articles

0:00
0:00
Close
Unidentified Drones Spotted Over US Air Bases in East Anglia
Controversial Remarks by Péter Magyar Against the Media
German Foreign Minister Admits Ukraine Funding Came at Expense of Schools, Daycare, and Railways
Iranian Man Charged in Plot to Assassinate Donald Trump
Here's why: Scott Presley won over swing voters in Pennsylvania with a direct and uncomplicated question.
Bill Maher Shocks Liberals and Calls the Media’s Dishonest ‘Firing Squad’ Headline a HOAX
Vice President Kamala Harris proudly introduces her heroic mother, Dr. Shyamala Gopalan Harris
Siemens Acquires Altair Engineering in $10.6 Billion Deal
Understanding the US Electoral College System
Volkswagen plans to shut at least three German plants, axe tens of thousands of jobs and slash pay by 10%
There's a reason the EU is putting huge tariffs on Chinese cars. They know you and your family want one.
Venice Extends Tourist Entry Fee Program to 2025
Vatican Synod Concludes with Support for Women in Leadership Roles
France just broke a crucial barrier for Russian deserters
Meta Enhances Scam Ad Detection with Facial Recognition
German Pizzeria Caught Selling Cocaine with Pizza
Russian Boxer Receives Lifetime Ban for Illegal Move in Boxing Debut
Biden Labels Trump a Threat to Democracy
North Dakota Woman Sentenced for Poisoning Boyfriend Over Illusory Inheritance
Russian Ambassador Claims UK's Proxy War in Ukraine
Proxy Resignation Services in Japan: A Growing Trend
NASA Study Explores Potential Microbial Life Beneath Mars' Ice
Cats: The Liquid-Like Pets
Xi Jinping Urges Troops to Prepare for Conflict Amid Taiwan Drills
Hamas Chief Yahya Sinwar Killed in Israeli Operation
Fruit Fly Gut Hormone Study Sheds Light on Human Longevity
Liam Payne's Tragic Death in Buenos Aires
Trump Criticizes Zelensky for Role in Ukraine-Russia War
Yahya Sinwar’s Death Marks Pivotal Moment in Gaza War
US Warns Israel of Potential Aid Cuts Over Gaza Assistance Delays
Meta Faces Legal Battle Over Teen Social Media Addiction
Russia's Call for a BRICS Financial System Alternative
Only A Third Of Europe's Surface Waters Are Healthy
Taiwan Records Unprecedented Chinese Military Activity Post-Drills
Israel Vows to Limit Retaliatory Strike on Iran to Military Facilities
British Influencer Dies Climbing Spain's Tallest Bridge
Four Killed in Tesla Electric Car Fire in France
Man with Weapons Arrested Near Trump Rally in California
China Conducts Military Drills Around Taiwan: A Strategic Warning
US Deploys THAAD Missile Defense System to Israel
DNA Evidence Suggests Christopher Columbus Was a Sephardic Jew
NASA Launches Europa Clipper Mission to Explore Jupiter's Moon
Tesla's Robotaxi Design Strikes Controversy
Poll Shows Trump Favored Over Harris in Handling Wars
Boeing to Reduce Workforce by 10% Amid Financial Strain
These robotic arms deliver a massage that can be customized to the user's needs
Prospect of UK Rejoining the EU Discussed by Peter Mandelson
Historic Floods Reshape Sahara Desert Landscape
Brazilian Man Arrested for Decades-long Abuse and Imprisonment of Family
EU Plans Sanctions on Iran for Missile Transfers to Russia
×