20.07.2015 - The leadership battle at the top of Libya's sovereign wealth fund
The fund is supposed to manage the nation's oil wealth for the good of its war-torn people, but is itself driven by leadership rivalries. “Do you see any bruises on my face? I just came from Tripoli yesterday. There is no violence in Tripoli.” It is a bracing start to an interview about the usually reserved world of sovereign wealth funds. But AbdulMagid Breish is no ordinary fund manager, and his situation is unusually complicated. In a country riven by civil war and rival governments, the Libyan Investment Authority is itself torn by competing factions. Mr Breish has an office in Tripoli where he says he is chairman of LIA, while another man, Hassan Bouhadi, runs another LIA head office from Malta, also claiming to be chairman...............................................Full Article: Source
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