Gaddafi’s billions go missing from Belgian bank

1 2,550

Between 2013-2017, more than 10 billion dollars have disappeared from Libyan accounts in the Belgian Euroclear Bank. The funds belonged to the closest circle of the deposed Libyan leader Muammar Gaddafi, and were frozen by the UN in 2011.

On November 29, 2013 there were 16.1 billion euros. The accounts were largely held by the Libyan Investment Authority and Libyan Foreign Investment Company.

In the investigation of autumn  2017, the accounts had about 5 billion euros left.

Belgium never unfreezed these assets, therefore, there is a question of “proper control”. The investigation is ongoing.

Where is the money?

Source Vesti
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.