Libyan rebels have put a price of two million dinars ($1.67 million, 1.2 million euros) on the head of strongman Muammar Gaddafi, dead or alive, the head of the Transitional National Council said today.

"The NTC supports the initiative of businessmen who are offering two million dinars for the capture of Muammar Gaddafi dead or alive," Mustafa Abdel Jalil said in Tripoli.

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