"Francesco Becchetti is aware that earlier this week a Court in Albania issued a warrant for his arrest and made orders freezing assets belonging to his Albanian companies. Arrest warrants have also been issued in respect of others.
"The allegations which have given rise to these Court orders are groundless and politically and improperly motivated. Mr Becchetti is currently involved in complex commercial litigation against the Republic of Albania, in which large sums of money are at stake.
"It is believed that these allegations have been made in order to harass him and to put pressure on him to settle the litigation on terms that are advantageous to the Republic of Albania.
Mr Becchetti will vigorously contest the baseless accusations against him at the appropriate time."