Libya to Toronto

Gadhafi's Son Owns $1.5M Toronto Condo

  • First Posted: Dec 15 2011 16:01 PM
  • Updated: about 19 hours ago

Property records show just what kind of person would want to live in CityPlace.

The National Post reports today that one of Moammar Gadhafi's sons, Saadi, owns a luxury condo in downtown Toronto. Saadi Gadhafi, 38, used to be a professional soccer player before getting into the family business of brutal repression (he was the head of the Libyan secret forces). Along the way, in 2008, Saadi plopped down $1.55 million for the waterfront condo just steps away from the SkyDome. Gadhafi apparently didn't stay at the condo all that much – even when he was in Toronto for business, he would usually stay at hotels. But Gadhafi has somehow managed to keep paying monthly condo fees to the building's owners despite a worldwide asset freeze on the former Libyan regime that should have made such payments impossible. Gadhafi was recently implicated in a plot to get him smuggled to Mexico from Niger with a falsified passport. The new Libyan government, the Transitional National Council, is trying to free up some $150 billion in frozen assets around the world, although it's not clear what use they would have for a luxury condo suite in CityPlace, besides having a destination to show off shirts with their collars popped, yoga pants, designer dogs, and other expensive items of questionable taste.

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