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Tag Archives: LIA

Libya and Goldman Sachs ruling to be shortly

(Author: Libyan Gazette Editorial Staff) The ruling for the lawsuit that the Libyan Investment Authority (LIA) launched against US investment bank Goldman Sachs for allegedly setting up bad deals for the LIA will be announced on Friday. The LIA is suing Goldman Sachs for $1 billion and filed the lawsuit …

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Libyan Investment Authority Board Challenged

(Author: Libyan Gazette Editorial Staff) Abdul-Magid Breish, who claims to be the chairman of the Libyan Investment Authority (LIA), said on Monday that he disapproves the appointment of a panel by the UN-backed Libyan unity government (GNA). Breish said that because he was not officially told to resign, he will …

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