Friday, October 10, 2008

Libya/Swiss crisis not over...

Libya is to withdraw assets from Swiss banks, estimated at $7bn, as a diplomatic row over the arrest of the Libyan leader's youngest son escalates. 

Hannibal Gaddafi and his wife were detained in Geneva for assault in July, but the charges were later dropped. 

The state-run news agency Jana also said that Libya was halting oil shipments to Switzerland. 

An unnamed foreign ministry official said it was for the "poor treatment of Libyan diplomats and businessmen". 

All kinds of economic co-operation with Switzerland are to be stopped until Geneva clarifies its motives, Jana quotes him as saying. More...

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