Legal
Sovereign wealth
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Libyan fund sues Goldman Sachs for $1 bln
Libya's sovereign wealth fund took Goldman Sachs to court in London on Monday to recover $1.0 billion (796 million euros) from a series of derivatives trades made during Moammar Qaddafi's regime. The Libyan Investment Authority claims that its international inexperience and a relationship of trust with the bank were "exploited"…
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Click here to read the full story: Al Arabiya