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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Libya Investment Authority’s ENI stake unfrozen

Posted on 26 July 2012

The Libyan Investment Authority (LIA) saw its stake in Italian firm ENI unfrozen by an Italian court. LIA held the shares on behalf of the family of former Libyan leader Muammar Qaddafi.
The 0.58% stake was seized earlier this year, together with a series of other Italian assets, at the request of the International Criminal Court. At the time of the seizure the assets held by LIA were worth an overall $1.58 billion………………………………………..Full Article: Source


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