Gaddafi family assets worth 1.1 billion Euros seized in Italy

Milan: Italian tax police said on Wednesday it had seized Italian assets worth more than 1.1 billion euros belonging to members of the Gaddafi family.

In a statement, the tax police said the assets include stakes in Italy's largest bank UniCredit, Italian oil and gas giant Eni, Italy's defence group Finmeccanica, carmaker Fiat, truck-maker Fiat Industrial  and Turin-based soccer club Juventus.

The police said the seizure has been ordered by the International Criminal Court (ICC) in The Hague.

(Copyright Thomson Reuters 2012)