Tunisia freezes Gaddafi family assets: Report
The freezing of assets in Tunisia is likely to have a significant impact.
Tunis: Libya`s neighbour Tunisia has frozen assets belonging to the family of Libyan leader Muammar Gaddafi, a Tunisian government source said on Thursday.
Western countries, the United Nations and the European Union have already frozen Libyan government and Gaddafi family assets as part of a package of sanctions imposed after Libya`s crackdown on a revolt against Gaddafi`s rule.
"Tunisia has frozen the assets of Gaddafi and five members of his family following a decision by the United Nations," the source, who did not want to be identified, said.
The freezing of assets in Tunisia is likely to have a significant impact because Libya has dozens of investments there, including hotels, a chain of petrol stations and a stake in an oil terminal.
Most of those assets are owned by Libyan state investment vehicles, but many of these are de facto controlled by members of Gaddafi`s family.
Tunisia is also used by Libya`s elite as a base for banking, vacations and healthcare, a practice which dates back to the 1980s and 1990s when international sanctions on Libya meant they had limited access to these services at home.