By on November 13, 2012

Last year, our esteemed Ed in Chief Niedermeyer did intensive research into what was left of then Libyan ruler Muammar Gaddafi’s share holdings in Fiat. Fiat denied that the Colonel had any financial interest in Fiat, but he did. The holdings were seized by the Italian government.

With Gaddafi long gone, Italian magistrates asked a court on Tuesday to free the funds. As it turned out, Libya held 0.33 percent of Fiat, 0.33 percent of Fiat Industrial, along with 1.5 percent of Turin’s soccer club Juventus.

Get the latest TTAC e-Newsletter!

6 Comments on “Gaddafi’s Fiat Stake To Be Unfrozen...”



Back to TopLeave a Reply

You must be logged in to post a comment.

Recent Comments

New Car Research

Get a Free Dealer Quote

Staff

  • Contributing Writers

  • Bark M., United States
  • Chris Tonn, United States
  • Bozi Tatarevic, United States
  • Vojta Dobes, Czech Republic

Get No-holds-barred, take-no-prisoners Automotive News in your Facebook Feed!

Already Liked