Where Gaddafi's treasure ended

Where did Gaddafi's treasure end? No one knows exactly exactly what the amount is, even though the figure of a huge fortune is in circulation, some $200 billion (as a comparison, Jeff Bezo's personal wealth is a little over 100 mlilliard).

Of that money, since 2011, the year of the Libyan leader's death has no concrete traces, but only ghost shows.

There are those who say they're hiding in vaults scattered across Africa, some say it's partially fallen into the hands of Isis (another group on whose assets there are legends but who have lost traces), some say it is at least partly in Dubai, after passing through London and Italy.

Last year, a major investigation by Süddeausche Zeitung was published, citing Panama Papers, which contained evidence that most of this money, at least those found in the sovereign fund founded by Gedddafi himself in 2006, LIA (Libia Africa Investment) had been invested in oil funds around Africa in order to allow their circulation. Wealth is thought to be about 60 billion.

Exactly the Libyan sovereign fund (which should be highlighted is present at around 500 companies, including Italian companies, where over the years it has invested about 3 billion in boards of numerous companies like Eni, Enel, Uniredit, Finmeccanica, Fiat-Chrisler, Juventus etc), at the centre of a considerable study published on the Polytico site. The text contains evidence that although the liquid assets of the fund have been frozen pending stabilisation of the political situation in Libya (within 2018, elections have been scheduled, which according to the UN must appease the country, currently divided into two controversial regions, and led by different governments, one with the capital of Tripoli and the other with the capital of Tobrück, in fact they continue to circulate.

One hypothesis, which is that Libyan money is still in circulation even though it results in frozen, reinforced by the recent investigation by Politico, which has collected evidence of the fact that the sovereign fund LIA distributes undisturbed shareholders, revenues from obligations and interest payments. “Six years after Gaddafi's death, the regime's frozen funds in Brussels are generating tens of millions of Euros in interest, despite international sanctions”.

At this point, there is another question that should be answered. Who collects this money? Who benefits from money that, in theory and practice, belongs to the Libyan people and that, pending the country's having a government, should be frozen?

Petja remains unanswered because the money route is darkened by secret agreements and the silent responses of managers and lawyers.

All they know is they're taking over the Lukdesmburg course, and then nothing more. Just other unanswered questions.