Clarence Thomas Led the Way to Jack Smith's Demise
Trump Gives an Update on His VP Choice
Is Biden's Dismal Campaign Making NY a Battleground State?
Did NBC News Edit Joe Biden's Slurred White House Address?
Here's Who Will Speak at the Republican National Convention
'The View' Says They'll Heed Biden's Words to 'Lower the Temperature'...Then Do the...
Trump Classified Docs Case Dismissed
Why 'Morning Joe' Wasn't on the Air Monday
Trump Fundraiser for Rally Victims Smashes Goal
How Will the Assassination Attempt Affect the Election? Pollster Weighs In.
Biden Mega-Donor Who Wanted to Make Trump an 'Actual Martyr' Weighs in on...
Massachusetts State Government Erects Pro-Abortion Billboards
On the Assassination Attempt, and the Election
Here's Why One Republican Rep Wants Members of Congress to Skip the RNC
Democrat Staffer Fired for Saying This About the Trump Assassination Attempt
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.
Advertisement
Advertisement
Advertisement
(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.

Sponsored

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos