virt-v2v failed with error "child process died unexpectedly at /usr/lib/perl5/vendor_perl/5.8.8/Sys/VirtV2V/GuestfsHandle.pm line 83."

Issue

• Trying to convert a guest using virt-v2v fails with below error message.

guestfsd: error while loading shared libraries: libxml2.so.2: cannot open shared object file: No such file or directory
Kernel panic - not syncing: Attempted to kill init!
 <0>Rebooting in 1 seconds..child_cleanup: 0x1ff86380: child process died
child process died unexpectedly at /usr/lib/perl5/vendor_perl/5.8.8/Sys/VirtV2V/GuestfsHandle.pm line 83.
closing guestfs handle 0x1ff86380 (state 0)