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Africa

Gaddafi sold 20% of Libyan gold reserves in final days

Text by News Wires

Latest update : 2011-09-08

Libya’s former leader Muammar Gaddafi managed to sell off more than 20 percent of the country’s gold reserves in the final days of his regime, the governor of the Libyan Central Bank said on Thursday.

AFP - Former Libyan leader Moamer Kadhafi sold more than 20 percent of Libya's gold reserves, or 1.7 billion dinars worth, in the final days of his regime, the country's central bank governor said Thursday.

Qassem Azzoz also told a press conference that the bank's total assets stand at $115 billion, of which $90 billion is abroad.
 

Date created : 2011-09-08

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