Libyan Investment Authority

Over EUR 10 Billion of Gaddafi's Frozen Assets Disappeared in Belgium

Authorities in Belgium have discovered the disappearance of 10 billion euros of frozen Libyan assets kept in the Euroclear Bank during the period 2013 to 2017, according to the Le Vif magazine.

Le Vif magazine said these funds were controlled by the inner circle of ousted and killed Muammar Gaddafi.

Gaddafi's Wealth Fund

The Turkish Government, in an unprecedented decree, announced the transfer of its most valuable financial and real assets into a wealth fund on Jan. 5. For any ordinary Turkish citizen, the "transfer of assets into a fund" sounds a bit shady.