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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Research

Everything you need to know about the Libyan Investment Authority

Posted on 01 June 2011

The history of the Libyan Investment Authority begins in 2004. Col. Gadhafi, in an effort to come in from the cold, pledged to abandon weapons of mass destruction and paid reparations to families of the airline bombing over Lockerbie, Scotland.
In return, sanctions against Libya were lifted, allowing Western corporations and banks to do business the country. Libya’s oil began flowing to the West……………………………………….Full Article: Source

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