Sun, Dec 21, 2014
A A A
Welcome preal121
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 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031