Italy's support of Ghaddafi

Italy just signed a deal with Europe's favorite tyrant, Moamer Ghaddafi, to give Libya $5 billion as "reparations for Italy's colonial rule of the country in the early 20th century". I am not a policy expert, but I cannot see how supporting this horrible regime makes up for past colonialist "misconduct." The real motive for this pact may be Libya's pledge to "increase patrols of its coastline to prevent boatloads of African immigrants from traveling to Sicily". In any case, I do not see why this should be couched in terms of doing justice or making reparations. Two wrongs do not make a right and it is hard to imagine that Italy's occupation of Libya could have been worse than Ghaddafi's current misguided tyranny.