20.07.2015 - Libya: Freeze Libyan sovereign fund till unification, Breish
Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue to be frozen “until we have total stability.” Four chairmen are claiming to be representing LIA for the past two years but Breish stressed that the two rival governments and armed factions in Libya are in need of money and handing over money to them will be “too dangerous.” Both the Tobruk and Tripoli governments appointed different heads of various institutions, including the state oil company amid intensified hostilities...............................................Full Article: Source
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