Libya's sovereign wealth fund, the Libyan Investment Authority (LIA), which is conducting a review of all investments made by the toppled Muammar Gaddafi regime, has uncovered potentially large losses in its $5 billion Africa portfolio, its acting chief executive, Rafik Nayed, told Reuters.Nayed said that its investment operations are on hold while it looks through $65 billion in assets to examine dealings with people tied to Gaddafi.
Showing posts with label National Transitional Council. Show all posts
Showing posts with label National Transitional Council. Show all posts
Sunday, October 30, 2011
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