Alligator Alcatraz Is Shutting Down
Iranian Regime Leaders Consider Fleeing to Russia As Talks Collapse
Alex Vindman’s Anti-Police Allies, Anti-ICE Views Could Become a Major Problem in Florida
Judge Who Gave Cambridge Gunman a Slap on the Wrist in 2020 Had...
NBC News Tried Invoking 'Experts' to Fearmonger About Hantavirus and It Backfired
Oh, Look: Another Minneapolis Grocery Store Owner Has Been Busted for SNAP Fraud
We Just Learned More About the Man Hit by a Frontier Airlines Plane,...
TN State Rep. Justin Pearson Is Not Happy He Faced Consequences for His...
Scott Jennings Schools Dem Strategist on GOP Redistricting
The Top Democrat in CA's Governor Race Can't Even Handle a Local Interview
John Brennan Says There Is Still a 'Legion' of Intelligence Bureaucrats Working Against...
Spencer Pratt Details What It Was Like to Stand Next to a Real...
Operation Epic Fury May Have Had More Allies Than Anyone Realized
Massie’s Allies Are Weaponizing a VA Disability Rating to Save His Seat
Exclusive: Sen. Rick Scott to Introduce Bill Criminalizing the Doxxing of Federal Law...
OPINION

Gadhafi Stashed Cash on Wall Street

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Gadhafi Stashed Cash on Wall Street
(Newser) – Moammar Gadhafi has a hefty chunk of Libya's money parked right here on Wall Street. The advocacy group Global Witness has released a document revealing that Libya's sovereign wealth fund has invested $53 billion with help from Goldman Sachs, JP Morgan, HSBC, and European bank Société Générale. The group's calling for an investigation into "whether these banks have done enough to ensure that state funds have not been diverted to the Gadhafi family."
Advertisement

"Gadhafi makes no distinction between his personal assets and the resources of the country." says a prosecutor at the International Criminal Court. The investments appear to have been legal when Gadhafi made them, and the funds held in the US should now be frozen, according to the New York Times, which verified the documents. In addition to parking the money in the banks mentioned, Libya has also bought stock a lot of US bonds, and owns stock in such big-name companies as General Electric, Halliburton, BP, and Nokia.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement