Search

Gaddafi Suburb house a ‘bartering chip’ for return of Jewish property

16:57 27 October 2011

Members of a group calling themselves

Members of a group calling themselves "Topple The Tyrants" take over the Gaddafi house in Hampstead Garden Suburb in March. Picture: Yui Mok/PA Wire

PA Archive/Press Association Images

A leading figure in the occupation of the £10million Gaddafi mansion in Hampstead Garden Suburb is working on proposals to use it as a bargaining chip for the return of Jewish assets frozen in Libya.

Political forecaster Dr Saul Zadka is lobbying the government to consider holding onto Libyan assets until an agreement is reached to hand back Jewish assets seized when Muammar Gaddafi came to power.

Dr Zadka, a freelance journalist, claims an MP has agreed to take up the cause and air the issue in parliament.

The Treasury seized all assets linked to the Gaddafis in February, including the multi-million pound retreat in Winnington Close.

Dr Zadka, who organised the original storming of the mansion earlier this year, said: “This house should not be unfrozen until the new government in Libya will address the past when Gaddafi confiscated Jewish properties in Libya.

“Jews at that time were oppressed and murdered and this property and other assets can be used to broker a deal for compensation.”

The property was initially occupied by English, Australian and French squatters earlier this year.

But it was later taken over by Libyan nationals who have since taken down protest banners and signs supporting the National Transitional Council.

Complex ownership structures have stalled any attempt to evict the squatters.

The Hampstead Garden Suburb house is owned by Capitana Seas Ltd, based in the British Virgin Isles, but the “beneficiary owner” of the house has been identified by the Treasury as Gaddafi’s third son Saadi Gaddafi.

Lawyer Mohamed Shaban, who is acting on behalf of the Libyan ambassador in London, said there has been little progress in tracking down the offshore company, making it difficult to seize the property.

One squatter, who did not wish to be named, told the Ham&High he wanted to see the home given back to newly-liberated Libya.

He said: “I would like it to be handed to the Libyan ambassador or it could be given to a Libyan property company here.”

0 comments

Latest Hampstead & Highgate News Stories

Virginia McKenna, actress and founder of the Born Free wildlife charity, is the latest to sign a 4,500-strong petition to create a haven for swans on the island on Hampstead Heath’s model boating pond.

15:13

Camden Council’s leader has said the prime minister’s commitment to removing the UK from the EU’s single market is “deeply concerning” – and pledged to push for the “greatest possible access”.

10:00

A 69-year-old man with stage 3 cancer has claimed he was “shoved in a corner” of A&E for 16 hours after being rushed to hospital with open wounds.

12:48

A plan to resurrect the Old White Bear pub in Hampstead by sharing its upper floors with a school has been given the go-ahead.

11:47

Work will begin to replace gas mains in Gospel Oak after a public outcry forced its delay last year.

10:00

A “legendary” music promoter has raised £10,000 in three days as he looks to fund treatment for an extremely rare form of cancer.

11:16

A man died after being hit by a train in King’s Cross station yesterday.

Yesterday, 17:09

The solicitor, who features in the film Denial, says there is “reams and reams” of far-right material online, and search engines should take a stand

Newsletter Sign Up

Sign up to the following newsletters:

Most read Hampstead & Highgate news

HOT JOBS

Show Job Lists

Property Newsletter Sign-up

Get the latest North London property news and features straight to your inbox with our regular newsletter

I am also happy to receive other emails...
Fields marked with a * are mandatory
Email Marketing by e-shot

Competitions

Having a brand new kitchen is something that lots of people want but can only dream of. Sadly keeping up to date and making our living spaces as nice as they can be is a costly and incredibly stressful business. Even a fresh coat of paint makes all the difference but isn’t easy or quick.

Who wouldn’t love the chance to go on a shopping spree. Imagine being able to walk into a shop and choose whatever your heart desires without having to worry about how much it costs.

Digital Edition

cover

Enjoy the
Hampstead & Highgate Express
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now