28.04.2016 - Libya fund accuses Goldman Sachs of breaching its own rules
The brother of a top Libyan official who secured an internship at Goldman Sachs was paid a pro-rata salary of £36,000 plus a housing allowance — soon after the US bank carried out lossmaking trades on behalf of Libya’s sovereign wealth fund. New details of the internship undertaken by Haitem Zarti, brother of Mustafa Zarti, the Libyan Investment Authority’s former deputy head, have been revealed in court documents as part of a $1bn legal battle between the Libyan Investment Authority and Goldman...............................................Full Article: Source
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