cancel2 2022
Canceled
Not exactly a current event but apropos all the same in light of the attempts to lionise the old buzzard on here.
http://articles.latimes.com/2011/oct/21/world/la-fg-kadafi-money-20111022
The new $200 billion figure is about double the pre-war annual economic output of Libya, which has the largest proven oil reserves in Africa.
Officials of the transitional government point to the secret transfer of so much wealth as proof that Kadafi, who once gave himself the title "King of Kings," had imperial ambitions for himself but little concern for most Libyans.
Kadafi was sending vast sums abroad "at a time when Libyans were struggling for the money they needed for schools, hospitals and all sorts of infrastructure," said one person close to the council, who spoke on condition of anonymity because the investigations are ongoing.
Investigators believe Kadafi's foreign investments accelerated in recent years. Almost all the assets and accounts found in the United States were from the last four or five years, after Kadafi surrendered a nascent nuclear weapons program and moved toward restoring full diplomatic relations with Washington.
In addition to the vast foreign investments, Kadafi is believed to have amassed billions of dollars in gold reserves inside Libya, possibly for use in case his rule was threatened. Western authorities believe Kadafi and his aides secretly maneuvered to bring some of the cash back to Tripoli to help pay for their war effort.
http://articles.latimes.com/2011/oct/21/world/la-fg-kadafi-money-20111022