Libyan Investment Authority

AU Reiterates Concern About the Situation of Libya

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The African Union (AU) High Level Committee on Libya, has on Tuesday held a meeting at the level of heads of states in Ethiopia’s capital Addis Ababa, according to an AU statement on Wednesday. The High Level Committee reiterated the deep concern of AU about the prevailing humanitarian and security situation, and the deadlocked political … Read more

Libya’s $1.2bn Claim Against Goldman Sachs Thrown Out

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The London High Court has dismissed a $1.2bn (£840m) claim against US investment bank Goldman Sachs over Libya’s sovereign wealth fund. The Libyan Investment Authority (LIA) was looking to recoup funds it said had been lost through nine disputed trades conducted in 2008. The Libyans said the bank had taken advantage of its lack of … Read more