Gaddafi's Fiat Stake To Be Unfrozen
November 13th, 2012 8:04 AM Share
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.
Published November 13th, 2012 8:04 AM
Join the conversation
He looks like some washed up 80's hair band singer in that pic.
How much where the holdings worth and who got them? Good seat seats for Juventus FC?
Every time I see a picture of Gaddafi with his female entourage, I can't help but wonder how many of them he was poking.