LIA board swept away by Palladyne affair!
Tripoli prosecutor general Siddiq al Sour did not content himself with arresting Libyan Investment Authority (LIA) chairman Ali Mahmoud Hassan on February 6! According to our sources, he has totally incapacitated the sovereign fund by taking action against all four [. [...]
Tripoli cut out of LIA legal action against JPMorgan
Just as the Fayez Sarraj-led government in Tripoli is making a major effort to regain control of efforts to defend Libya's foreign financial interests (MC 1277), legal action was started against JPMorgan in London on April 6 without the approval [. [...]