Clydes to work Gaddafi connections

Libya may not be the most popular country in the West right now, but for Clyde & Co, which acts for Colonel Gaddafi, it offers lucrative business opportunities.

Colonel Gaddafi

Colonel Gaddafi

The firm is building up a list of clients poised to invest in Libya, as political ­tensions mount between the UK and US over the release of Lockerbie bomber Abdul Baset Ali al-Meghari.

Clydes partner Paul Turner, who handles defamation issues for Gaddafi, said the firm believes that Libya, Iraq and Iran will emerge as some of the most lucrative markets of the future.

“The oil countries are going to be extremely important,” he added. “Iraq, Iran and Libya have all had their political problems, but if it goes well with the Iraqi elections that will change.”