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Sovereign Wealth Funds Briefing - Categorized | Market

The complicated hunt for Gadhafi’s billions

Posted on 17 May 2011

Some of the funds are officially registered to the Libyan central bank, others to the Libyan Foreign Bank, and still others to the Libyan Investment Authority, the country’s official sovereign wealth fund.
A few accounts are registered directly in Moammar Gadhafi’s name, while others are in the name of one of his sons. In most cases, the balances are denominated in US dollars. The scrupulously correct Germans have used the exchange rate from early April to convert the funds into euros……………………………………….Full Article: Source


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