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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Gaddafi’s Aussie banks link

Posted on 27 May 2011

A Libyan sovereign wealth fund controlled by the Gaddafi regime held $US30 million ($28.3 million) in Commonwealth Bank and National Australia Bank bonds, a leaked report reveals.
Anti-corruption group Global Witness has obtained a June 2010 summary of the Libyan Investment Authority’s assets and investments. The authority was established by Colonel Muammar Gaddafi’s regime in 2006 to handle the country’s billions of dollars in oil revenues……………………………………….Full Article: Source


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