Row over Libyan sovereign fund LIA reaches UK court


  • World
  • Thursday, 03 Sep 2015

LONDON (Reuters) - A row between Libya's two rival governments over control of the $67 billion Libyan Investment Authority, the country's sovereign wealth fund, has escalated with one of the would-be chairmen asking a London court to settle the dispute.

Libya is torn between two governments, one based in Tripoli and the second in the east of the country, which have appointed different heads of various institutions, including the LIA, part of the chaos four years after the ousting of Muammar Gaddafi.

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