Tuesday, October 30, 2018

Gaddafi : Who Stole Libya’s Money ?


The mystery hangs over the funds placed by Libya and Colonel Gaddafi in Western countries and Africa. Photo: RR

NEWSROOM (ADV) – Seven years after the brutal assassination of Colonel Muammar Gaddafi by NATO forces, Libyan public funds in Western banks and Africa are fueling the debate.
Despite the war, Libya still holds the first oil reserves on the African continent, followed by Nigeria.
The country was until the fall of its leader, in October 2011, of the five main oil exporting countries in the world.
Thanks to oil revenues, Libya had accumulated enormous wealth. As a great visionary, Gaddafi wanted to secure these assets to ensure the future of the Libyan people.
He had therefore placed these assets in investment companies to buy stakes in the largest multinationals.
The new Libyan authorities – yet recognized by NATO – are struggling to recover their fortune from abroad.
Where did the Libyan people’s money go ? Why does France, the United States, Great Britain, and even some African countries refuse to return them to Libya ?
Explanations…

1 comment:

  1. It seems the usual thing with many countries in the Western Hemisphere. They talk with one side of their mouths and act contrary. Such divisive feature of supposed great nations .Thanks for sharing

    ReplyDelete

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