Libyan wealth fund sues Belgian prince for fraud over reforestation project ...Saudi Arabia

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BRUSSELS: Libya’s sovereign wealth fund has filed a criminal complaint against Belgium’s Prince Laurent, accusing him of fraud and extortion linked to his bid to reclaim funds from a failed reforestation project, lawyers said on Friday. The royal household and the king’s cabinet did not immediately respond to requests for comment. The prince, brother of the king, and Libyan authorities signed a multimillion euro contract in 2008 aimed at reforesting desert regions of inland Libya. The project collapsed with the outbreak of civil war in Libya in 2011.

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