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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Libya SWF plans $8 bln investment in U.K, after release of Lockerbie bomber

Posted on 23 February 2010

From Dailymail.co.uk: Ministers were facing further questions over the decision to free the Lockerbie bomber last night as it emerged Libya is due to invest £5billion in the UK following the release. Rajab Layas, of the state-controlled Libyan Investment Authority, said that Colonel Gadaffi’s regime was planning a major investment in Britain in the coming months.

The Tripoli regime currently spends about £400million a year on British goods……………………….Full Article: Source


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