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File photo of the Royal Courts of Justice in London, England, taken in January 2014. (EPA/ANDY RAIN)


Libya vs Western Bankers

Libya vs Western Bankers

by | Feb 12, 2014 | Majalla Blogs

Late last month, Libya’s sovereign wealth fund sued the global investment bank Goldman Sachs at London’s High Court. It is alleged that the fund lost in excess of 1 billion US dollars in 2008 through poor investments advised by Goldman, which denies the allegations....