Monday, 3 June 2013

Fox News: Libya's loot: South African banks may hold $1B in gold, diamonds stolen by Qaddafi

More than a billion dollars in cash, gold and diamonds believed looted by late Libyan strongman Muammar Qaddafi during his 40-year reign may have been found socked away in South Africa -- just a fraction of the wealth the dead dictator is suspected of stealing.

Libyan investigators, who believe Qaddafi may have taken as much as $100 billion of his North African nation’s wealth, have zeroed in on $1 billion or more being held by four banks and two security companies in South Africa, according to The Sunday Times of South Africa.

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