Libya denies Muammar Gaddafi has Swiss bank funds

Libya's foreign ministry denied on Thursday that leader Muammar Gaddafi holds banks accounts in Switzerland or in any other bank around the world.                                           

"We demand that Switzerland proves that the brother leader has funds or bank accounts in its banks or in any other banks around the world," the ministry said in a statement.                                           

"The foreign ministry will take all the legal procedures to sue the Swiss government for this unfounded statement."  

Switzerland said on Thursday it was freezing any assets Gaddafi and his family might have in the country. The Libyan ministry said the Swiss statement showed "the degree of its animosity towards Libya and its leader".