The treasure hunt has already begun quietly. And, they are kept in secret bank accounts in the Gulf or Europe, it is certain that the opaque fortunes in 41 years by the family Gaddafi regime are enormous. Not only because, sitting on eighth black gold reserves of the planet, nature has been generous with the Colonel.
But also because the dictator was an able King Midas who, with the help of his sons, he did bring in the lucrative petro-dollars in a web of interests that go far beyond energy: span a considerable slice of the national economy, and beyond. From cablegrams sent over the years by the U.S.
Embassy in Tripoli is a portrait of a country run as a personal fiefdom by Muammar and relatives. In particular, a dispatch by the eloquent title of "Gaddafi Inc., in May of 2006, said the family has" direct access to investment in the oil and gas, telecommunications, infrastructure development, hotels, mass media and distribution of consumer goods.
" More than just oil, so even if "it is believed that all the sons of Gaddafi and his minions have income derived from the National Oil Company and the subsidiaries in the business. And a significant portion of oil revenues (95% of exports) have fallen into the personal coffers of the Gaddafi also confirmed Tim Niblock.
Expert in Arab countries at the University of Exeter, Niblock noted a discrepancy between the multi-billion oil revenues and government expenditures. "It's hard though - claims - to estimate the wealth of the family." Another U.S. diplomat cabled about 32 billion. The fact is that other rivers of money from Gaddafi arrived by the creation of two investment funds: the Libyan Investment Authority (LIA) and the Libyan Arab Foreign Investment Company (Lafico).
Both hold a broad portfolio estimated at 70 billion, a capital "murky" as an expert in bank Nomura. Yet its nature has not pushed European companies, much less Italian ones, to sbarragli the road. Lia has, among other things, 2.5% of Unicredit, and the other fund 7.5% of Juventus. The assets are the government, but sometimes the investments of Lia marked with the Gaddafi Spa It happened in 2009 when Saif's son graduated in London, bought for 11.8 million euro a villa with eight bedrooms and pool Hampstead.
Or in 2008, when the Colonel, in Italy for the G8, became infatuated with the town of Rieti Antrim and promised to invest 16 million in a hotel complex. Always him, according to Professor Niblock, would finance Zimbabwe's President Mugabe and tribes of Darfur in the 90s. The richness of Gaddafi Spa is so boundless, but also disputed.
A cable in March 2009 reveals an internal war among the eight offspring in sufficient detail "to a sleazy soap opera." One of the fratricidal battle was for control of local production of Coca-Cola. A Saif were slaughtered, with interests in media, Mohammed, the eldest son, Saad, and, the kicker missed.
Today will agree on one point: the last ship proceeds in secret off-shore. Before they reach the European and UN sanctions. 
But also because the dictator was an able King Midas who, with the help of his sons, he did bring in the lucrative petro-dollars in a web of interests that go far beyond energy: span a considerable slice of the national economy, and beyond. From cablegrams sent over the years by the U.S.
Embassy in Tripoli is a portrait of a country run as a personal fiefdom by Muammar and relatives. In particular, a dispatch by the eloquent title of "Gaddafi Inc., in May of 2006, said the family has" direct access to investment in the oil and gas, telecommunications, infrastructure development, hotels, mass media and distribution of consumer goods.
" More than just oil, so even if "it is believed that all the sons of Gaddafi and his minions have income derived from the National Oil Company and the subsidiaries in the business. And a significant portion of oil revenues (95% of exports) have fallen into the personal coffers of the Gaddafi also confirmed Tim Niblock.
Expert in Arab countries at the University of Exeter, Niblock noted a discrepancy between the multi-billion oil revenues and government expenditures. "It's hard though - claims - to estimate the wealth of the family." Another U.S. diplomat cabled about 32 billion. The fact is that other rivers of money from Gaddafi arrived by the creation of two investment funds: the Libyan Investment Authority (LIA) and the Libyan Arab Foreign Investment Company (Lafico).
Both hold a broad portfolio estimated at 70 billion, a capital "murky" as an expert in bank Nomura. Yet its nature has not pushed European companies, much less Italian ones, to sbarragli the road. Lia has, among other things, 2.5% of Unicredit, and the other fund 7.5% of Juventus. The assets are the government, but sometimes the investments of Lia marked with the Gaddafi Spa It happened in 2009 when Saif's son graduated in London, bought for 11.8 million euro a villa with eight bedrooms and pool Hampstead.
Or in 2008, when the Colonel, in Italy for the G8, became infatuated with the town of Rieti Antrim and promised to invest 16 million in a hotel complex. Always him, according to Professor Niblock, would finance Zimbabwe's President Mugabe and tribes of Darfur in the 90s. The richness of Gaddafi Spa is so boundless, but also disputed.
A cable in March 2009 reveals an internal war among the eight offspring in sufficient detail "to a sleazy soap opera." One of the fratricidal battle was for control of local production of Coca-Cola. A Saif were slaughtered, with interests in media, Mohammed, the eldest son, Saad, and, the kicker missed.
Today will agree on one point: the last ship proceeds in secret off-shore. Before they reach the European and UN sanctions.
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