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Business & Finance

Kadhafi 'sold 20pc of Libya's gold' in regime's final days

TRIPOLI : Former Libyan leader Moamer Kadhafi sold more than 20 percent of Libya 's gold reserves, or 1.7 billion dinar
08 Sep, 2011

goldTRIPOLI: Former Libyan leader Moamer Kadhafi sold more than 20 percent of Libya's gold reserves, or 1.7 billion dinars worth, in the final days of his regime, the country's central bank governor said Thursday.

Qassem Azzoz also told a press conference that the bank's total assets stand at $115 billion, of which $90 billion is abroad.

 

Copyright AFP (Agence France-Presse), 2011

 

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