2023-05-15 12:46:00
The red notice is not a warrant of arrest but a request addressed to the police services of the whole world to locate a person and to carry out his provisional arrest pending his extradition. According to the LIA, Interpol’s National Central Bureau (BCN) of Belgium deemed that this listing did not comply with the rules of the organization and ordered the removal of the red notice.
The LIA and the Prince are engaged in a long-running legal dispute. The king’s brother claims to be compensated for a reforestation project launched by his non-profit organization Global Sustainable Development Trust (GSDT) in 2008 in Libya then governed by Colonel Muamar Gaddafi. Since the end of 2014, relying on a decision of the Belgian justice in his favor, the prince seeks to recover several tens of millions of euros.
Libyan funds case: the Brussels Court of Appeal rules in favor of Prince Laurent
The prince has already tried to obtain the unfreezing of part of the Libyan funds which are in Belgium with the company Euroclear established in Brussels and which are blocked because of the sanctions decided by the United Nations but, in spite of a request from the Belgian government, they refused.
“I am happy and relieved that the Interpol Commission saw in this case exactly what it is: a politically motivated campaign once morest me and the LIA. I have been prevented from performing my duties as manager of the LIA funds for the people of Libya, and my reputation as a business leader has been seriously attacked and tarnished within the international financial community,” Dr Ali said in a statement.
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