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Government and PoliticsGaddafi's secretary reveals details for the first time about Libya's investments abroad

Gaddafi’s secretary reveals details for the first time about Libya’s investments abroad

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Bashir Saleh, the presidential candidate and head of the Liaison Office of the General People’s Committee, and former director of the Libya Africa Investment Portfolio, confirmed that Libya’s investments abroad belonged to the Libyan state and not to Colonel Muammar Gaddafi.

Bashir Saleh said, “I bought a hotel in Gabon for 20 million, owned by the state, and now its valuations exceed $90 million, and I do not know now whether we have followed up on this money or not.”

He added, “We were carefully studying the evaluation of all our investments. For example, I went to a hotel owned by Laico in Mali and found that the maintenance work assigned to a French company did not conform to the specifications. I asked to cancel the contract with them immediately, and to establish a Libyan-Libyan company to manage hotels.”

Bashir indicated that this company contributed to supporting all private supplies for hotels from all the African countries that we deal with, for example, in the past, meat was supplied from France to hotels, and it is present in other African cities.

Bashir confirmed that in-depth studies were being prepared for any investment business that we run in any country, and all the profits I am talking about are documented in front of me with documents, and I challenge anyone who says otherwise.

He stressed that we must focus now on the African satellite, for which we have already paid 450 million dollars, and we were able to connect internet lines to all African partners.

He further noted that these actions created an African force for us, as this satellite belonged to the African Union, which needed 450 million dollars to launch it, and we gave it to them.

He added, “We stipulated at the time that if any African country wants shares in the moon, we will give it to them and they will pay us for it.”

Bashir said, “Because of this step, we have achieved an increase of about 63% of the shares of Total Libya: distributed in many African countries, such as the Urgent Coast and Cameroon, and now I do not know anything about this company.”

Bashir emphasized that “there were no problems with the companies’ capital or their business from 2006 to 2009, because we used to give each person the responsibility of the company he was responsible for and ultimately hold him accountable for its business.”


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