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Sovereign Wealth Funds Briefing - Categorized | Market

The LIA “steering committee” threatens to undermine the LIA’s multi-million dollar litigations

Posted on 04 November 2016

Libya is a nation plagued by internal conflict, as the recent attempted coup illustrated only too well. Many of the rifts that exist between the competing factions are deep and intractable. Others, however, are relatively simple to resolve, and the rewards for their resolution would be huge.
The protracted power struggle at the Libyan Investment Authority (LIA) is one of the latter cases. The longstanding conflict between the LIA in Tripoli and the LIA in Tobruk was, only weeks ago, so close to an end. Since the departure of that long-standing irritant and impediment to progress, Hassan Bouhadi, as head of the Tobruk LIA, relations between the two sides have thawed………………………………………Full Article: Source


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