Libya’s Sovereign Fund Has $32 Billion Dollars With U.S. Banks And Over $70 Billion Dollars In Total Assets Spread Around The World

| February 24, 2011

Libya’s “secretive” sovereign fund (LIA) has assets of over $70 billion and has placed $32 billion with U.S. banks, reported Reuter,  based on Wikileaks provided information from a “confidential diplomatic cable.” According to the report: ” The cable, obtained by WikiLeaks and revealing the details of a January meeting between the head of the Libyan Investment Authority […]

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