One billion dollars keeps Ali Mahmoud Hassan at LIA helm

Ali Mahmoud Hassan, head of the LIA.
Ali Mahmoud Hassan, head of the LIA. ©
The chairman of Libya's sovereign wealth fund will remain in office in exchange for a payment of one billion dollars to the government. The money is a godsend for Prime Minister Abdelhamid Dabaiba, who may also be able to place his allies in the fund's subsidiaries. [...] (590 words)
Issue dated 02/07/2021 Reading time 3 minutes
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