Browse content similar to 30/03/2012. Check below for episodes and series from the same categories and more!
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Anger on Spain's streets. Madrid prepares to slash billions from its | :00:17. | :00:23. | |
budget. French police arrest Islamist militants in dawn raids. | :00:23. | :00:28. | |
Palestinian protests taking place to mark land Derek and loss of Arab | :00:28. | :00:34. | |
land to Israel. -- Land Day. Welcome to BBC World News. Also in | :00:34. | :00:41. | |
this programme: The extradition of the British man accused of plotting | :00:41. | :00:49. | |
to murder his British wife is temporarily halted. George Galloway | :00:49. | :00:59. | |
:00:59. | :01:04. | ||
Windsor shock by-election victory. Massive budget cuts are expected to | :01:04. | :01:09. | |
be announced today in Spain. The country is in recession again and | :01:09. | :01:11. | |
has the highest level of unemployment in the EU. Protestors | :01:11. | :01:17. | |
and police clashed yesterday during a general strike. Joining me from | :01:17. | :01:23. | |
Madrid is the BBC's Tom Burridge. I asked him what was expected in the | :01:23. | :01:32. | |
next few hours. We are expecting an austere budget. It is worth looking | :01:32. | :01:36. | |
back and seen what has happened since the new government came into | :01:37. | :01:41. | |
power. When he came to power, he announced austere measures and | :01:41. | :01:46. | |
reforms and spending cuts and tax increases. They were controversial | :01:46. | :01:52. | |
at the time. Brussels have lent on Madrid. They said the deficit | :01:52. | :01:58. | |
hardship -- targets are not enough and they have had to cut further. | :01:58. | :02:02. | |
They have realised the public finances it was passed on by the | :02:02. | :02:05. | |
previous social -- socialist government were much worse than | :02:05. | :02:12. | |
they had thought. We saw those protests getting pretty heated | :02:12. | :02:17. | |
yesterday. How will this affect ordinary people? How difficult | :02:17. | :02:22. | |
would it be for the Government to bring the public with it? There is | :02:22. | :02:27. | |
lot of opposition in Spain. The Government feels those are | :02:27. | :02:30. | |
necessary to cut the high unemployment and a huge problem | :02:30. | :02:35. | |
that Spain has with its economy by trying to make a more flexible | :02:35. | :02:39. | |
labour market and easier for companies to fire people and easier, | :02:40. | :02:45. | |
in the longer term, to hire people. There are wider reforms, cuts to | :02:45. | :02:51. | |
have and education, things such Spanish people hold dear. The | :02:52. | :02:56. | |
unions are warning for more social unrest to come. We will see more | :02:56. | :03:00. | |
protests and more strikes. The Government says it needs to rein in | :03:00. | :03:04. | |
its spending and cut budget deficit to reassure the markets so it can | :03:05. | :03:10. | |
keep borrowing at sensible rates. This all stresses the need even | :03:10. | :03:17. | |
more for some kind of safety fire Walk in the eurozone. Absolutely. | :03:17. | :03:23. | |
That is what the eurozone finance ministers have been discussing. | :03:23. | :03:28. | |
According to the Austrian Finance Minister, she has come out and | :03:28. | :03:32. | |
confirm that all 17 eurozone economies and governments have | :03:32. | :03:38. | |
agreed to raise the firewall - we're talking about the rescue pot. | :03:38. | :03:45. | |
They have raised it to 800 billion euros. But that is not enough? | :03:45. | :03:51. | |
is the problem. 300 billion of those euros has already been spent. | :03:51. | :03:55. | |
It has been released in the forms of bail out. We're looking at a | :03:55. | :04:03. | |
rescue pot. The Organisation for Economic Co-operation and | :04:03. | :04:07. | |
Development told us earlier this week that the eurozone needs a | :04:07. | :04:12. | |
rescue part of at least one trillion euros to be able to handle | :04:12. | :04:17. | |
any future financial shocks. Let's listen to what the experts say. | :04:17. | :04:24. | |
They say it is good but not enough. This will protect one traditional | :04:24. | :04:30. | |
country - a large one - Spain. This country is small enough to fit into | :04:30. | :04:36. | |
the new rescue shield if necessary. It will show that Germany continues | :04:36. | :04:40. | |
to back the European rescue operations, which is also a | :04:40. | :04:44. | |
positive sign. There have been doubts in the past when German | :04:44. | :04:48. | |
politicians resigned and German central bankers resigned over | :04:48. | :04:53. | |
Europe, that Germany would continue to support the area. That is | :04:53. | :04:59. | |
positive. The rescue fund is not enough to protect Italy. That is | :04:59. | :05:06. | |
what markets will focus on. An independent investigation has found | :05:06. | :05:14. | |
that a factory in China which produces iPhones for Apple, it has | :05:14. | :05:20. | |
shown excessive risks at Foxconn factories. Apple said it fully | :05:20. | :05:30. | |
:05:30. | :05:34. | ||
accepts recommendations of the port -- the report. Auret Fan Heerden is | :05:34. | :05:41. | |
the President and CEO Fair Labor Association. There have long been | :05:41. | :05:46. | |
concerned on the production lines for the Chinese making iPhones and | :05:46. | :05:55. | |
iPads for apple. -- Apple. There are long periods of overtime, | :05:55. | :06:00. | |
sometimes without fair compensation, and stretches of shifts lasting up | :06:00. | :06:07. | |
to 11 consecutive days without brakes. We found 15 findings. Some | :06:07. | :06:11. | |
are violations of the FLA code of conduct and some of violations of | :06:11. | :06:16. | |
the labour law and some are areas of weakness. All the workers | :06:16. | :06:21. | |
surveyed were employed by Foxconn. Apple and Foxconn Sen able to | :06:22. | :06:26. | |
change practices to ensure that no one works more than 49 hours a week | :06:26. | :06:30. | |
and that pay for workers will be increased to compensate for the | :06:30. | :06:35. | |
shorter shifts. Critics of Apple have long argued its dominant role | :06:35. | :06:40. | |
in the industry has made it can squeeze suppliers on price so that | :06:40. | :06:45. | |
they have to squeeze workers' pay and conditions. I have spoken to | :06:45. | :06:49. | |
some workers who tell me they willingly volunteer for excessively | :06:49. | :06:56. | |
long ships because they could not make enough money otherwise. -- | :06:56. | :07:00. | |
shifts. Consumers want their gadgets cheap. The Fair Labour | :07:00. | :07:03. | |
Association report is the clearest indication yet as to what that | :07:03. | :07:08. | |
means for those who make the gadgets. Apple is not the only one | :07:08. | :07:11. | |
failing to ensure its suppliers meet the basic guidelines but it is | :07:11. | :07:16. | |
one of the biggest. If its workers are paid more for less work, the | :07:16. | :07:26. | |
:07:26. | :07:31. | ||
rest of the industry may have to follow. That was Jon Sudworth. | :07:31. | :07:37. | |
Let's join Stuart Miles. This is not a new story. We have heard | :07:37. | :07:44. | |
previous problems at these factories. We had a spate of worker | :07:44. | :07:51. | |
suicides. How damning is this report for Apple? If it is easy for | :07:51. | :07:59. | |
Apple to distance itself. It is a supplier of Apple. Apple were | :07:59. | :08:04. | |
involved. They have commissioned a report and hope he will act upon it. | :08:04. | :08:08. | |
It will be interesting to see if it makes a difference to the prices or | :08:08. | :08:13. | |
the profit that Apple can make from the products. Some will be watching | :08:13. | :08:17. | |
this and going, hang on, aren't you talking about the most valuable | :08:17. | :08:24. | |
company in the world? It is -- it has more money than the whole | :08:24. | :08:29. | |
country of Poland. Surely they can afford to pay the workers were than | :08:29. | :08:34. | |
the $400 a month they are earning. You would like to think so. The | :08:34. | :08:38. | |
best way to show you distinct as to whether you like practices or not | :08:38. | :08:43. | |
is not to buy their products. There are plenty of other alternatives | :08:44. | :08:49. | |
that you can go and buy. They might not be as great a product that if | :08:49. | :08:53. | |
you do not like what Apple art dealing with Foxconn in China - the | :08:53. | :09:00. | |
best way to show them is not to buy their products. The I want talk | :09:00. | :09:06. | |
about Research In Motion, the makers behind BlackBerry. -- I want | :09:06. | :09:10. | |
to talk. How significant was it when the boss said we are now going | :09:10. | :09:14. | |
to refocus our efforts on the corporate customer and not the | :09:14. | :09:21. | |
individual consumer? This is interesting. When you are -- when | :09:21. | :09:25. | |
he first joined, he said everything is fine and nothing needed to be | :09:25. | :09:32. | |
changed. He has had a wake-up call. I have been talking to BlackBerry. | :09:32. | :09:37. | |
They are very focused on the consumer market. It seems to be | :09:37. | :09:40. | |
making sure they are efficient where they are supposed to be | :09:40. | :09:44. | |
efficient and not forgetting their core business, which is the | :09:44. | :09:49. | |
business customer. They are very much engaged in dealing with the | :09:49. | :09:54. | |
consumer. They have some new consumer devices coming. There is a | :09:54. | :10:00. | |
new operating system coming at the end of the Year, which is very | :10:00. | :10:06. | |
Consumer Focus. Let's take a quick look at the markets. Asian markets | :10:06. | :10:12. | |
are down. This is what the European markets are doing as I speak. They | :10:13. | :10:19. | |
continue edging up slightly higher. It is taking advantage of the last | :10:19. | :10:24. | |
date of the quarter. The markets will breathe a sigh of relief that | :10:24. | :10:29. | |
the war chest in the eurozone is being increased to 800 billion | :10:29. | :10:34. | |
euros. Then there will probably turn their attention back to Italy | :10:34. | :10:39. | |
or something like that. It is not big enough at the moment to handle | :10:39. | :10:46. | |
further hiccups in Italy. French believe has arrested 19 suspected | :10:46. | :10:51. | |
Islamist and seized weapons including assault rifles in raids | :10:51. | :11:01. | |
across France. Mohamed Merah were shot dead in Toulouse. More | :11:01. | :11:06. | |
operations to arrest Islamist extremists were planned. Christian | :11:06. | :11:09. | |
Fraser told me that French police are not linking today's rains | :11:09. | :11:19. | |
:11:19. | :11:19. | ||
directly with Mohamed Merah or's investigation. -- raids. President | :11:19. | :11:24. | |
Sarkozy has third he will crack down on their own Islamist groups, | :11:24. | :11:29. | |
websites and supporters. As part of that ongoing investigation, we have | :11:29. | :11:36. | |
seen raids in Toulouse, at Nantes come up Marseilles and in the Paris | :11:36. | :11:46. | |
:11:46. | :11:47. | ||
suburbs as well. These are the anti-terror police. -- Nantes, | :11:47. | :11:54. | |
Marseilles. At one flat in Montauk, we have seen quite a hall of | :11:55. | :12:00. | |
weapons coming out. These people were known to the intelligence | :12:00. | :12:06. | |
agency, known around the country. President Sarkozy was quoted as | :12:06. | :12:13. | |
saying this was a little like the 9/11 attacks. We are in the midst | :12:14. | :12:18. | |
of an election campaign. How much is this a political issue still now | :12:18. | :12:23. | |
in the country? I do not think you can underestimate how deeply it was | :12:23. | :12:28. | |
felt in France over recent weeks. It was the biggest manhunt and the | :12:28. | :12:32. | |
nature of the killings - those killed at point blank range and in | :12:33. | :12:42. | |
:12:43. | :12:43. | ||
the space of a week - it did create anxiety, apprehension and fear. I | :12:43. | :12:49. | |
suppose it was France's 9/11. You also have to see it within the | :12:50. | :12:55. | |
prism of the election that is just weeks away. Security and crime is | :12:56. | :13:00. | |
right at the forefront of the campaign of President Sarkozy. It | :13:00. | :13:04. | |
has shifted the emphasis away from the problems with the economy. No | :13:04. | :13:08. | |
surprise to see him talking about this this morning and warning that | :13:08. | :13:14. | |
further rates are coming. Still to come, UK tanker drivers ruler | :13:14. | :13:23. | |
strike action over Easter. -- will out. Find out the controversial | :13:23. | :13:33. | |
:13:33. | :13:34. | ||
owner of this mansion a little later. This weekend it is the Dubai | :13:34. | :13:38. | |
World Cup - the world's richest horse race. Huge amounts of money | :13:38. | :13:44. | |
had been spent in bringing the sport to buy. Are its efforts | :13:44. | :13:54. | |
:13:54. | :13:54. | ||
paying off? -- Dubai. The Dubai World Cup is the product large | :13:54. | :14:01. | |
man's ambition and large amounts of wealth. -- amounts of ambition. At | :14:01. | :14:05. | |
the early morning training sessions, those on the track of all competing | :14:05. | :14:11. | |
for a piece of that wealth to take home with them. 14 horses will be | :14:11. | :14:17. | |
competing with an unrivalled amount of prize money. They will be | :14:17. | :14:23. | |
competing on this race track. It cost $1.3 billion. It is all down | :14:23. | :14:30. | |
to one man. He has become one of the key players and biggest | :14:30. | :14:36. | |
spenders in the global horseracing industry. Some in the industry | :14:36. | :14:39. | |
estimates Sheikh Mohammed represents a third of the entire | :14:39. | :14:44. | |
horseracing business. The sport is about tradition and winning the | :14:44. | :14:48. | |
older races is worth much more than the new ones, no matter what the | :14:48. | :14:55. | |
prize money. Can it be taken seriously? You look at the horses | :14:55. | :15:02. | |
he had won this event and they are closing in to being part to the | :15:02. | :15:05. | |
kind of courses who had won of the Kentucky Derby, the Prix de la Arc | :15:05. | :15:13. | |
de Triomphe, it is about establishing that track record and | :15:13. | :15:18. | |
we have to wait. One problem it faces is that this season is short | :15:18. | :15:22. | |
and hot summer temperatures make breeding thoroughbreds impossible. | :15:22. | :15:27. | |
To bye is looking at alternative ways to raise the profile of the | :15:27. | :15:33. | |
industry. -- Dubai. We're trying to get people involved as ownerships. | :15:33. | :15:38. | |
We're trying about and trying to get interest for the fans and | :15:38. | :15:44. | |
people interested in the sport. The interest of the business people in | :15:44. | :15:49. | |
Dubai. It is a task. We're a young and fairly new in thoroughbred | :15:49. | :15:59. | |
racing. For those on the track this week, the business of winning races | :15:59. | :16:03. | |
and prize money is taken seriously. It would take a while longer before | :16:03. | :16:13. | |
:16:13. | :16:15. | ||
This is BBC World news. The headlines:. Bang on the speak -- | :16:15. | :16:19. | |
streets of Spain, but posterity stands as Spain prepares to slash | :16:19. | :16:23. | |
billions from its budget -- or austerity. Israeli security forces | :16:23. | :16:31. | |
used water cannon as Palestinians mark Land Day. A British | :16:31. | :16:35. | |
businessman wanted in South Africa has had his extradition temporarily | :16:35. | :16:43. | |
halted by the High Court in Britain. Shrien Dewani is accused of | :16:43. | :16:46. | |
arranging the murder of his 28- year-old wife, Anni, who died | :16:46. | :16:49. | |
during the couple's honeymoon. She was found shot dead in an abandoned | :16:49. | :16:52. | |
taxi in Cape Town in November 2010. Dewani's lawyers say he has severe | :16:52. | :16:56. | |
post-traumatic stress and is too sick to stand trial. With the | :16:56. | :17:03. | |
latest on that hearing Clive Coleman is at the High Court. What | :17:03. | :17:07. | |
has the court ruled today? The they have effectively overruled the | :17:07. | :17:12. | |
initial decision in the lower court which said that even having | :17:12. | :17:19. | |
considered Sri under one a man - he's mental illnesses, and he was | :17:19. | :17:23. | |
suffering from two of these defined mental illnesses, severe depression | :17:23. | :17:26. | |
and post-traumatic Trek -- stress disorder, it no light of that it | :17:26. | :17:31. | |
would not be -- it would not be just to send him back to South | :17:31. | :17:34. | |
Africa. Today on appeal at the High Court they have said that they | :17:34. | :17:40. | |
disagree with the decision of the lower court and they have remitted | :17:40. | :17:43. | |
the matter back to the lower court that have remitted it back with a | :17:43. | :17:48. | |
heavy hint to the judge in the lower court that at the moment, | :17:48. | :17:55. | |
bearing in mind his current mental health. It would be unjust and | :17:55. | :17:59. | |
oppressive to extradite him back to South Africa, so there will be | :17:59. | :18:05. | |
another hearing in the lower court and if the judge agrees that he is | :18:05. | :18:11. | |
unfit then it will be adjourned, and some mechanism for periodically | :18:11. | :18:15. | |
reviewing his mental health will be made. He is detained under the her | :18:15. | :18:21. | |
mental health act -- under the Mental Health Act, but some | :18:21. | :18:24. | |
mechanism in reviewing his recovery from those illnesses will have to | :18:24. | :18:31. | |
be found. Thank you very much indeed. Israeli forces are on high | :18:31. | :18:35. | |
alert for mass demonstrations which are taking place across Israel and | :18:35. | :18:45. | |
:18:45. | :18:47. | ||
the Palestinian territories. Israeli forces are on high alert in | :18:47. | :18:49. | |
anticipation of mass demonstrations expected to take place across | :18:49. | :18:51. | |
Israel and the Palestinian territories. These are live | :18:51. | :18:54. | |
pictures coming in, and there are various protests coming in, as they | :18:54. | :19:00. | |
mark the 36th anniversary of Land Day. We have seen numbers of people | :19:00. | :19:05. | |
on the streets and tear-gas and water cannon being fired by the | :19:05. | :19:09. | |
authorities to try and keep order. There have been fears that things | :19:09. | :19:13. | |
could escalate. There are hopes that things could stay calm, but | :19:13. | :19:19. | |
several areas are seeing Palestinians out on the streets in | :19:19. | :19:29. | |
:19:29. | :19:32. | ||
protest. George Galloway has won a by-election here in the UK, | :19:32. | :19:35. | |
inflicting a shock defeat on the opposition Labour Party, who had | :19:35. | :19:37. | |
held the constituency seen 1974. Mr Galloway, representing the Respect | :19:37. | :19:41. | |
Party that he set up, polled 18,341 votes - a majority of more than | :19:41. | :19:51. | |
:19:51. | :19:51. | ||
10,000 over Labour. This, the most sensational result in British by- | :19:51. | :19:57. | |
election history, bar none represents the Bradford Spring. | :19:58. | :20:05. | |
This is an uprising amongst thousands of people, many of them | :20:05. | :20:13. | |
young people never involved in the political process before. They have | :20:13. | :20:21. | |
demonstrated in this mammoth majority, this man of the vote -- | :20:21. | :20:25. | |
mammoth vote, a total rejection of the three major parties on the | :20:25. | :20:33. | |
British political scene. A woman has suffered serious burns while | :20:33. | :20:37. | |
trying to pour petrol from one container to another in her home in | :20:37. | :20:39. | |
the North of England. Earlier this week the UK government minister | :20:39. | :20:43. | |
said people might consider storing fuel in case of a strike by petrol | :20:43. | :20:46. | |
delivery drivers but was forced to apologise after fire safety | :20:46. | :20:53. | |
officials warned it could be dangerous. Joining us from | :20:53. | :20:58. | |
Westminster is Rob Watson. Obviously for this woman this is a | :20:58. | :21:02. | |
very serious incident and politically it is also very | :21:02. | :21:08. | |
difficult for the government. does add to their huge discomfort. | :21:08. | :21:11. | |
Because the Conservative-led coalition has been accused of | :21:11. | :21:16. | |
getting itself into a total shambles over the potential fuel | :21:16. | :21:20. | |
strike or the strike by those drivers to deliver fuel. And this | :21:20. | :21:24. | |
only makes it that bit worse. And in a serious way, because obviously | :21:24. | :21:28. | |
there have been a lot of taunts and jokes about government incompetence | :21:28. | :21:34. | |
but somebody getting 40% burns really not just his up in quite a | :21:34. | :21:40. | |
different way. -- notches it up. This goes back to France is more | :21:40. | :21:47. | |
advising people to store petrol in jerry cans and it looks now like | :21:47. | :21:53. | |
this has heavily backfired. This is what happened at the start of the | :21:53. | :21:58. | |
week and was immediately condemned by the union that represents fire | :21:58. | :22:02. | |
brigade workers. They said, not only is this dangerous it is | :22:02. | :22:04. | |
actually against the law to stop out on large amounts of petrol | :22:04. | :22:08. | |
inside from house, so it makes things very difficult and what we | :22:08. | :22:16. | |
have seen is the most extraordinary political backfire because they had | :22:16. | :22:21. | |
hoped to try and use the potential strike by workers who are part of a | :22:21. | :22:24. | |
union that provides the greatest financial backing for the chief | :22:24. | :22:28. | |
opposition party here, the Labour Party, and instead it has turned | :22:28. | :22:34. | |
into chaos and mayhem are for the government. There are few things | :22:34. | :22:37. | |
that the government likes less than being seen as incompetent by the | :22:37. | :22:41. | |
voters, but this coalition, at this time, is being seen very much in | :22:41. | :22:47. | |
that way. A Rob Watson, thank you very much indeed. The international | :22:47. | :22:55. | |
envoy for Syria, Kofi Annan, it springs -- expects his plans to be | :22:55. | :22:58. | |
enforced immediately. He said the deadline was now for the Syrian | :22:58. | :23:02. | |
regime to cease all violence. Kofi Annan is arranging trips to Iran | :23:02. | :23:07. | |
and Saudi Arabia seeking support for the police plan. One of the dry | :23:07. | :23:12. | |
starts on year -- on record in Portugal has barked forest fires. | :23:12. | :23:17. | |
The worst in the northern city has drawn 155 firefighters backed by 40 | :23:17. | :23:20. | |
vehicles to fight the blaze. Portugal is divided into two | :23:20. | :23:25. | |
weather conditions with the South experiencing rain and hail. A | :23:25. | :23:27. | |
policeman in eastern Afghanistan has shot dead nine of his | :23:27. | :23:31. | |
colleagues as they lay sleeping in a checkpoint. Reports say amongst | :23:31. | :23:34. | |
those killed were his own brother as well as the command of the post | :23:34. | :23:37. | |
and his two sons. The gunman is said to have escaped with all of | :23:38. | :23:41. | |
his weapons, and the motives are unclear, but authorities are | :23:41. | :23:47. | |
blaming the Taliban for the incident. A multi-million dollar | :23:47. | :23:51. | |
London mansion that belonged to one of Colonel Gaddafi's sons is due to | :23:51. | :23:53. | |
be handed over to Libya's transitional authorities. The house | :23:53. | :23:56. | |
in one of the city's most exclusive neighbourhoods was owned by Saadi | :23:56. | :24:03. | |
Gaddafi, the ousted leader's footballer son. It's the first | :24:03. | :24:06. | |
successful asset recovery case brought to a UK court by a country | :24:06. | :24:09. | |
swept up in the Arab Spring. The BBC's Rana Jawad has been given | :24:09. | :24:12. | |
rare access to the property. This is one of the most affluent | :24:13. | :24:17. | |
areas in London. Hamstead, home to the rich, famous, or in the case of | :24:17. | :24:23. | |
this House, the infamous. Nestled in a quiet cul-de-sac, commonly | :24:23. | :24:30. | |
known as millionaire's row is Sade Gaddafi's mansion. Its property, | :24:30. | :24:34. | |
and sleek interior design at large is like an indoor cinema, sauna and | :24:34. | :24:36. | |
swimming pool is expected to be in the hands of the new Libyan | :24:37. | :24:42. | |
authorities within weeks. He was the ex-footballer with a reputation | :24:42. | :24:46. | |
for being a playboy, but he was rarely seen here, however one | :24:46. | :24:50. | |
neighbour tells us that when he did come around it was with a big | :24:50. | :24:54. | |
entourage in a limousine with blacked-out windows. There is | :24:54. | :24:57. | |
certainly enough space to entertain them. We are told the House is | :24:57. | :25:02. | |
likely to go on sale and it has been valued at up to $16 million. | :25:02. | :25:08. | |
But who would want to live in a house like this? It is not dripping | :25:08. | :25:10. | |
with guilt or gold everywhere, which used to be the way forward. | :25:10. | :25:15. | |
It is actually quite an understated house. It is a proper home. It is | :25:15. | :25:20. | |
not a palace by any means. A banker could go for this or a mini | :25:20. | :25:26. | |
oligarch as well as an Arab sheikh. The former Libyan regime and | :25:26. | :25:30. | |
members of the Gadaffi family were not only interested in buying | :25:30. | :25:33. | |
properties in the quiet rents are very -- residential area of | :25:33. | :25:36. | |
Hampstead. They also interested in commercial investments, like this | :25:36. | :25:40. | |
building here in London's busy Oxford Street. But it is not always | :25:40. | :25:45. | |
easy to track down these assets. Much like the mansion in Hampstead, | :25:45. | :25:49. | |
he could have been bought by an offshore company. -- it could have | :25:49. | :25:52. | |
been bought. Last week a Libyan diplomat received a tip-off | :25:52. | :25:56. | |
claiming this white Ferrari carrying Libyan number plates | :25:56. | :26:00. | |
belonged to the former regime. It is now under investigation by the | :26:00. | :26:06. | |
new Libyan government. The Gaddafi leadership also has bank accounts, | :26:06. | :26:10. | |
shares and investments in the UK and other countries. These assets | :26:10. | :26:18. | |
are really difficult to find an also difficult to claim that. -- to | :26:18. | :26:21. | |
claim back. We are working with private firms, some individuals, | :26:21. | :26:26. | |
and seeking the assistance and corporations of other governments | :26:26. | :26:32. | |
to find this property first and then to claim them back. The recent | :26:32. | :26:35. | |
High Court ruling on this controversial property is seen as a | :26:35. | :26:39. | |
landmark case in asset recovery. It is the first of its kind since the | :26:39. | :26:42. | |
Arab Spring and could set a precedent for similar cases in the | :26:42. | :26:50. | |
future. Before we go, we can take you back | :26:50. | :26:53. |