Kom nou, Shower Head Zuma and Khadafi were just friends. | Submit your comments on this article |
| Africa Subsaharan |
| Found in SA: Libya's trillions |
| 2014-12-09 |
| Johannesburg - The South African government and President Jacob Zuma have been caught in the middle of an international wrangle over as much as R2 trillion in US dollars as well as hundreds of tons of gold and at least six million carats of diamonds in assets belonging to the people of Libya. What could be the world's largest cash pile is stored in palettes at seven heavily guarded warehouses and bunkers in secret locations between Joburg and Pretoria. The Libyan billions have led to a Hawks investigation into possible violation of exchange controls as well as international interests from the UN and the US. It has also led to heightened interest in the local and international intelligence community as well as the criminal underworld. Those interested in the Libyan loot include several high-ranking ANC politicians, several business leaders, a former high court judge and a number of private companies. The R2-trillion held in warehouses is separate from several other billions, believed to be in excess of R260 billion, held legally in four banks in South Africa. Other legal assets include hotels in Joburg and Cape Town. The Sunday Independent has seen official South African government documents which confirm that at least $179bn in US dollars is kept, illegally, in storage facilities across Gauteng. Comments are about how the ANC will steal this, if they haven't already. |
| Posted by:phil_b |
| #4 Dang! I'm kicking myself for deleting that email. |
| Posted by: SteveS 2014-12-09 10:28 |
| #3 It's only there because Quaddfi got an email from the wife of a deceased South African banking official, who offered to split the money her husband had left in a bank account, if only the blessed person receiving the message ... |
| Posted by: ed in texas 2014-12-09 08:24 |
| #2 Most of the assets were taken out of Libya when President Jacob Zuma got invoved in an African Union process to persuade former Libyan President Muammar Gaddafi to step down after an uprising to force him out of office began in February 2011, according to the newspaper. On April 10, 2011, Zuma announced that Gaddafi had accepted a roadmap for ending the conflict in that country following talks in Tripoli. Libyan rebels rejected the plan. iol Nuus link I was curious at the time regarding Zuma's involvement and the AU success at getting Khadafi to step down. The AU so seldom enjoy success of any kind. Ag, poor old Khadafi passing away before he could link-up once again with his funds. So very tragic and unexpected. The names of the SA firms and principals behind the movement and security of the goods should make very good reading. This could get quite nasty. |
| Posted by: Besoeker 2014-12-09 06:38 |
| #1 Kom nou, Shower Head Zuma and Khadafi were just friends. |
| Posted by: Besoeker 2014-12-09 06:16 |