Libyan wealth fund sues Belgian Prince for fraud over reforestation project
Libya's sovereign wealth fund has filed a criminal complaint against Prince Laurent of Belgium, accusing him of fraud and extortion linked to his bid to reclaim funds from a failed reforestation project, lawyers said on Friday. Law firm Jus Cogens, which represents the Libyan Investment Authority (LIA), said it filed the complaint against Prince Laurent for extortion, fraud and illegal influence this week. "We have communicated factual elements to the investigative judge showing, according to us, that Prince Laurent abused his status as a public office holder", said Christophe Marchand, founding partner at Jus Cogens. A lawyer for the prince…