19.05.2016 - Libya sovereign fund case vs SocGen back in UK court on May 19
A dispute between Libya's $67 billion sovereign wealth fund and Societe Generale over alleged bribes paid to the company of a middleman linked to the Gaddafi family will be back in London's High Court on May 19 for a pre-trial hearing. In the ongoing litigation, the Libyan Investment Authority (LIA) is pursuing Societe Generale for some $2.1 billion in relation to a series of disputed trades, including derivatives, entered into between late 2007 and 2009, before Colonel Muammar Gaddafi was ousted...............................................Full Article: Source
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