How to do it

Published: March 24, 2011 at 10:28pm

Saif Al Islam Gaddafi with convicted Lockerbie bomber Al Megrahi

Here’s a lesson in how best to address issues, for our politicians who appear to believe that being smugly ‘in the know’ while refusing to be questioned by parliament or the press, is one of the perks of power.

In the wake of the Saif Al Islam Gaddafi scandal, the director of the London School of Economics stepped down immediately (though he had nothing to do with it and wasn’t even there at the time). The LSE’s Council asked Lord Woolf to conduct an inquiry. Now it has emailed present and former students, academic staff and others, with this message:

On 3 March 2011, LSE’s Council asked Lord Woolf to conduct an independent external inquiry into the School’s relationship with Libya and Saif Gaddafi, and into related matters. We reported this development to alumni on 4 March 2011.

A website for the inquiry has been set up: woolflse.com.

The terms of reference for Lord Woolf’s inquiry can be found on the site, as well as information about how those who may have relevant information can make a submission to the inquiry in complete confidence, either via a secure email address or in writing.

The inquiry will conduct any necessary interviews in private and the confidence of interviewees will be respected. Lord Woolf expects to complete his inquiry before autumn 2011. His findings will be given to the Council of LSE in writing.

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In other news, today:

EU confirms NOC, 5 other Libyan firms added to sanctions list
London (Platts)–24 Mar2011/739 am EDT/1139 GMT

The EU confirmed Thursday in its official journal its decision a day earlier to add Libya’s National Oil Corporation and five other Libyan oil companies controlled by NOC to its sanctions list.

As well as NOC, the list has been extended to include Azzawiya Refining, Ras Lanuf Oil and Gas Processing Company, Brega, Sirte Oil Company and Waha Oil Company, the journal reported.

Arabian Gulf Oil Company has not been included among the companies subject to EU sanctions, however, despite its inclusion earlier this week on a US list of 14 NOC-controlled companies whose assets will be frozen by the US Treasury.

Benghazi-headquartered Agoco broke away from NOC early during the Libyan conflict to ally itself with rebels against the rule of Moammar Qadhafi. The UN has recognized the rebels’ National Transitional Council, which late last week established a separate oil authority (…)




3 Comments Comment

  1. Anthony says:

    The LSE (not the stock exchange) deserves to have Harry Woolf conduct this particular enquiry. He is undoubtedly beyond reproach.

    The LSE is most certainly an institution of enormous repute. Back in the late sixties its acolytes were considered to be the only real match to the medical students (the best) at London Uni.

    Somebody there f**cked up very badly when he “sold ” Hayek’s great centre of learning for a mere one and a half million pounds.

    That the money came from the son of a serial murderer only made matters worse.

  2. George Mifsud says:

    As stated in the writeup Agoco (or Ageco) operates out of Benghazi. Before being nationalised in 70’s it used to be BP.

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