Gaddafi's Fiat Stake To Be Unfrozen

Bertel Schmitt
by Bertel Schmitt
gaddafi s fiat stake to be unfrozen

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.

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  • Lilpoindexter Lilpoindexter on Nov 13, 2012

    He looks like some washed up 80's hair band singer in that pic.

    • Watch Carefully Watch Carefully on Nov 13, 2012

      Wait, are we sure he's dead? I think I saw that guy perform 'Der Komissar' at a recent '80s karaoke night in Hoboken.

  • El scotto El scotto on Nov 13, 2012

    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.

    • See 1 previous
    • Ranwhenparked Ranwhenparked on Nov 13, 2012

      I believe they were all virgins, and required to take a vow of chastity, so the surprising answer is probably "not many".