Libya's sovereign wealth fund to move offices after abductions, threats


  • World
  • Thursday, 09 Aug 2018

TRIPOLI (Reuters) - Libya's sovereign wealth fund has decided to move from its main office in Tripoli due to security breaches after a number of staff were threatened or abducted, it said in statement on Wednesday.

The Libyan Investment Authority (LIA), which holds about $66 billion-worth of mostly frozen assets, has long been at the centre of leadership disputes and power struggles that reflect Libya's political splits.

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