Muammar Gaddafi


When the assets of former Libyan leader Muammar Gaddafi and his kin were frozen in March 2011, some of the numbers that came out were astonishing. The U.S. had seized $30 billion of

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Muammar Gaddafi


When the assets of former Libyan leader Muammar Gaddafi and his kin were frozen in March 2011, some of the numbers that came out were astonishing. The U.S. had seized $30 billion of the family's investments. Canada had frozen $2.4 billion, Austria had frozen $1.7 billion and the U.K. had frozen $1 billion. It was reported that these figures were nowhere close to the actuals. Over his 42-year reign, Gaddafi was said to have amassed $75 to $80 billion.

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Investopedia
Thu, Sep 27, 2012 1:00 PM AST (Arabian)