Libyan Investment Authority Loses Claim in the UK Court of Appeal - London

"My long ordeal is over, but Libya's ordeal is continuing," Mr Giahmi said. "This is the ideal moment for the Libyan Investment Authority to reconsider its recent actions and help to recover Libya's lost wealth for the benefit of all Libyans. "My long ordeal is over, butLibya'sordeal is continuing," Mr Giahmi said. "This is the ideal moment for the Libyan Investment Authority to reconsider its recent actions and help to recoverLibya'slost wealth for the benefit of all Libyans. "The...
LONDON, (informazione.it - comunicati stampa - editoria e media)

"My long ordeal is over, but Libya's ordeal is continuing," Mr Giahmi said. "This is the ideal moment for the Libyan Investment Authority to reconsider its recent actions and help to recover Libya's lost wealth for the benefit of all Libyans.

"The LIA is rightfully a significant Libyan public institution and it can set a clear example to lift the standards of management and governance in Libyan financial institutions.

"It is apparent that one consequence of the 40-year Gaddafi regime is that significant assets that rightfully belong to the Libyan people are abroad. If Libya can get its act together there are strong legal pathways to return that wealth and help rebuild our broken nation.

"I would be very happy indeed to assist with this."

 

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