Straight-up Bond villain extravagances via Hannibal Qadhafi, reports the Financial Times. The dictator’s son was building himself a cruise ship with a shark tank:

“Replete with marble columns, gold-framed mirrors and huge statues, the Phoenicia was to have included a 120-tonne tank of seawater for two sand tiger sharks, two white sharks and two blacktip reef sharks. Four resident biologists would have tended to the animals. The sharks’ nutritional needs mandated a dedicated food store.”

No word on how much the liner cost Libyans – Hannibal skimmed off the top of the country’s port incomes – but the Phoenicia is being refitted by Swiss maritime conglomerate MSC for regular passenger duty at a cost of over US$720 million. Apparently Hannibal had extremely tacky taste and interior renovations have been rather involved. Sadly for passengers and Roger Moore enthusiasts, the shark tank will go – though that’s at least good news for the sharks.

The National Transitional Council, the new Libyan government, is having better luck confiscating money and properties from other Qadhafi family members, though the UAE is freezing the accounts of the late Colonel’s wife, Safia Farkash Al Barassi, and gaining ownership of Saadi Qadhafi’s £10 million London estate that was improperly purchased using Libyan Investment Authority funds. The NTC is also looking to bring Saadi himself, living in exile in Niger, back to Libya to face trial, a proposition that, like most NTC governance efforts, is proving to be an extremely challenging task to enforce.

For their part, some African Union leaders now miss Qadhafi’s largesse in terms of foreign investments as countries are unfreezing and returning Libyan Investment Authority assets to the NTC. They’re in “good” company in the EU and the U.S.

(It’s a parable for the Qadhafi era, really, that despite the presence of sharks onboard, there was a willingness to do much business with the sharks’ wealthy owners.)

UPDATE: Nicholas Sarkozy, who was perhaps the most gung-ho EU leader on intervening in Libya last year, seems determined not to let reports of his campaign taking US$66 million from Colonel Qadhafi turn into a new “Bokassa’s Diamonds” episode in French politics. First Berlusconi’s Libyan investment gymnastics, and now Sarko’s alleged blood money. At least for Sarko’s peace of mind he hasn’t been accused of corruption and abetting mass killings like Francois Mitterrand was.