ALMOST £1 billion (€1.07bn) of Libyan currency held in Britain will be released to the country’s central bank after the UN Sanctions Committee approved the measure.

IN BENGHAZI a few weeks ago, I talked to a friend who has lived her entire life in Libya and whose father had, until the uprising began, been very closely linked to Muammar Gaddafi.

Libyan rebels have pledged to launch an assault within days on Muammar Gaddafi’s home town, the ousted strongman’s last major bastion of support.

Libya’s warring sides in the Gaddafi stronghold of Sirte are now engaged in “discussions”, according to Nato.

The Lockerbie bomber has been tracked down to his villa in the Libyan capital, where he is apparently comatose and near death.

Nato is helping Libyan rebels hunting Colonel Muammar Gaddafi, Britain's Defence Secretary Liam Fox said today.

A reward of over €1m is on offer for anyone able to capture Colonel Muammar Gaddafi dead or alive as it emerged today that the SAS was leading the hunt for the Libyan despot.

LIBYA’S new masters offered a £1 million bounty for the fugitive Muammar Gaddafi yesterday, after he urged his men to carry on a battle that kept the capital in a state of fear.

LIBYAN rebel Husam Najjair seems more concerned about the possibility of rebels turning on each other when they try to take control of the capital Tripoli than the threat posed by forces loyal to Muammar Gaddafi.

MUAMMAR Gaddafi is welcome to live out his retirement inside Libya as long as he gives up all power, Libya’s rebel chief said yesterday, in the clearest concession the rebels have so far offered.

Libya's rebel leader Mustafa Abdel Jalil has said he is willing to accept the retirement of Colonel Gaddafi on Libyan soil, under the supervision of the United Nations.

LIBYAN government troops pounded the besieged rebel-held city of Misrata, undeterred by Western threats to step up military action against Muammar Gaddafi’s forces.

FRANCE promised Libyan rebels yesterday it would intensify air strikes on Muammar Gaddafi’s forces and send military liaison officers to help them as fighting raged in the besieged city of Misrata.

THE UN has sent food for 50,000 people to west Libya as aid groups scrambled to reach trapped civilians and rebels put the death toll from two months of fighting at 10,000.

MUAMMAR GADDAFI’S forces battled rebels on several fronts in a worsening of Libya’s crisis and unrest erupted in the capital when gunmen fired to break up crowds shouting “Gaddafi is the enemy of God.”

LIBYAN protest leaders established a transitional “national council” yesterday in cities seized from Muammar Gaddafi, as world leaders called on him to quit and protesters closed in on Tripoli.