Fri, Sep 4, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Gaddafi regime clan has GBP4bln in gold reserves, says IMF

Posted on 24 March 2011

The Gaddafi regime is sitting on gold reserves of more than $6.5bn (£4bn) which could potentially provide the funds to pay a mercenary army to continue fighting for months.
International Monetary Fund figures show that Libya holds about 143.8 tonnes of gold, putting it into the top 25 nations in terms of reserves held……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 17016 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2015
M T W T F S S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930