Mon, May 30, 2016
A A A
Welcome vaishu
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Trends

SocGen deals with Libya sovereign fund eyed by new government

Posted on 07 September 2011

Officials in Libya’s new governing authority are looking into whether any payments made by Société Générale SA as part of its relationship with the Libyan Investment Authority made it into the hands of people close to the ousted regime of Col. Moammar Gadhafi, the Wall Street Journal reported.
The Journal reviewed documents showing that the French bank paid an unspecified amount to a Panama-registered company, Leinada Inc., to help structure and advise a $1 billion investment vehicle in 2008 for the LIA, Libya’s sovereign wealth fund……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 18697 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
May 2016
M T W T F S S
« Apr    
 1
2345678
9101112131415
16171819202122
23242526272829
3031