Monday, October 17, 2011

Libyan transitional council finds US$23 billion

The Libyan transitional council has surprisingly discovered US$23 billion worth of assets, unspent by Colonel Muammer Gaddafi?s regime, according to the Financial Times newspaper.

According to a senior British official,?these are internal assets found on the Central Bank of Libya balance sheet that should float them until well next year. It takes the pressure off them to get overseas assets unfrozen? He added,?such found wealth is the equivalent of discovering several billion dollars under the mattress? reported the British newspaper.

Libyan transitional council leader
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/libyan-transitional-council-finds-us23-billion-393923

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