Gaddafi regime sold 29 tons of gold

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London Independent
Sept 8, 2011

The new governor of Libya’s central bank says the former regime sold about 20% of the country’s gold reserves to cover salaries amid the uprising that ousted Muammar Gaddafi.

Qassim Azzuz told reporters that Gaddafi’s regime sold 29 tons of gold to local traders in April, netting about 1.7 billion dinars (£870 million) for the then-embattled regime which was under UN sanctions.

Libya is believed to have about 145 tons of gold reserves.

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5 Responses to “Gaddafi regime sold 29 tons of gold”

  1. to cover salaries…….LOL

    how much more vauge can you get! LOL

    Who’s salaries? how many saleries? for how long, a day, a week, a month, a year?

    complete non-article with no information at all to back-up the claim or to give it any refernce or frame work to concieve it in.

    way to be a 3rd grade-reporter AFRICA INDEPENDENT
    kinda goes with your 3rd world status, huh?!?

  2. London Independent: “Gaddafi regime sold 29 tons of gold”

    Between_the_lines: .. Or the new regime stole 29 tons of gold!

    The new regime is a bunch of puppets for the International Banker Cartel who have been know too steal gold before. They stole all the gold in Fort Knox, for example..

    between_the_lines Reply:
    September 8th, 2011 at 10:38 am

    Actually, the new NWO regeme has stolen ALL the gold held by the Libyan government, just like they stole all the Gold held by the American government!

  3. “What do we tell everybody when they ask us where 29 tons of that gold went??? Dude… keep yer mouth shut, we’ll just tell em wacky Gaddafi sold it off”

    PLAYA PLAYA!!!!!

    Somebody got a nice Christmas bonus!

  4. Gaddafi should have sold all the gold reserves! Otherwise it’ll end up in the hands of Al Quada rebels. Now the American people would’t want that would we? Remember now…Al Quada is the enemy! They were INDEPENDENTLY responsible for 9/11!!!! The American people can’t possible want these scoundrels to get 120 tons of gold left in Libya by Gaddafi?!

    On the other hand, does the CIA want to get access to…NO NO that couldn’t possibly be True!!!!
    Could the banksters want some of the bail-out tax dollars they gave Gadaffi back in Gold?

    NO NO NO!!!!!!!!!!!!!!!!!!!

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