Lockerbie compensation was 'business initiative'

A Libyan businessman who helped arrange a £1.8bn (€2.8bn) compensation deal with the families of Pan Am 103 victims said today he was acting on behalf of the Libyan business sector that wants to see UN sanctions lifted.

‘‘It was very clear that we represented the Libyan economic structures that will benefit from the lifting of the sanctions,’’ said Mohammed Abdel-Jawad, a prominent businessman who led the Libyan negotiating team.