Tanzania, July 12 -- Dar es Salaam. Libya has reportedly repossessed Bahari Beach Hotel along the Dar es Salaam coast, ending a long running dispute over the rightful owners.
The dispute that lasted for four years finally ended after the Libyan African Investment Company (Laico) confirmed it is the current rightful owner.
Laico is controlled by the UN-backed Government of National Accord (GNA) headquartered in Tripoli. Libya has faced turmoil since the killing of its former long serving leader Muamar Gadaffi in 2011.
Media reports in Libya first revealed the development involving the Dar property which also goes by the name Ledger Hotel. The new management accuses a former managing director of illegally controlling the hotel since 2016. ...