(240)  LOCKERBIE: COMPENSATION DEAL IN PLACE

After a delay caused by the temporary closure of the UN building thanks to a major power cut in New York City, on 15 August 2003 Libya handed over to the UN a letter formally accepting responsibility for the bombing over Lockerbie of PanAm flight 108 in December 1988.  The letter said:  Libya as a sovereign state has facilitated the bringing to justice of the two suspects charged with the bombing and accepts responsibility for the actions of its officials.”  A sum of $2.7 billion (£1.7 billion) is to be paid by Libya into a swiss bank account