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Friday, June 10, 2011


Footage from Libyan state TV showing the results of the NATO bombing of the Libyan Anti-Corruption Agency. French President Sarkozy stood to benefit politically from the destruction of Libyan investigation files on the looting of the Libyan Sovereign Wealth Fund by Goldman Sachs.
The NATO attack on Libya’s Anti-Corruption Agency on May 17 was extremely convenient for some Westrern politicians who could gave faced criminal probes had the Libyan agency completed its investigation of fraud and corruption by Libyan officials, including several ministers and other Libyan government officials who defected to the rebel side.

The Anti-Corrption Agency’s files, fortunately, were backed up and are now stored in a secure location, according to Libyan officials this reporter spoke to during a recent trip to the Libyan capital.
The Anti-Corruption Agency was, among other things, investigating how Goldman Sachs “mis-invested” $1.3 billion from the Libyan Sovereign Wealth Fund. The loss of the Libyan money was reported officially in 2008 but the investments by Goldman Sachs took place over the previous few years/ There are strong indications that some of the Libyan money was siphoned off from Goldman Sachs into the presidential campaign coffers of then-French Interior Minister Nicolas Sarkozy, who was elected president of France in 2007. Cash payments into Sarkozy’s campaign coffers was alluded to by Muammar Qaddafi’s son, Seif al Islam Qaddafi, in an interview with the press. Both Colonel Qaddafi and Seif are now subject to International Criminal Court arrest warrants.
WMR learned that the Libyan Anti-Corruption Agency was prioritized as a NATO target by France. Sarkozy and his friend, the French Zionist champion Bernard-Henri Levy, were early supporters of the Libyan rebel movement and France was the first nation to recgonize the rebels as the government of Libya. It comes as no surprise, therefore, that the rebel Interim Transitional National Council is made up of a number of ex-Libyan government officials who were subject to investigations for fraud by the Anti-Corruption Agency but were also suspected of close links with the CIA. Chief among the suspects is Mahmoud Jibril, the former Libyan Planning Minister and chief of the Economic Development Board. Jibril, who received his doctorate from the University of Pittsburgh, was under investigation by Libyan intelligence for being an agent of the CIA. Jibril now serves as the prime minister of the rebel0declared “Libyan Republic.”
Jibril successfully pressed Senator John Kerry, the chairman of the U.S. Senate Foreign Relations Committee, to unfreeze $30 billion in frozen Libyan assets held by the US Treasury Department and transfer the funds to the Libyan rebels. However, WMR learned in Tripoli that based on the rebels squandering $US500.5 million and Libyan Dinar 900 million in cash looted from the Libyan Central Bank in Benghazi, the U.S. Treasury Department is reluctant to allow unfrozen Libyan assets to end up in the hands of the rebel leaders, who are considered by some U.S. Treasury officials to be blatant crooks.
Proof of the receipt of Libyan Sovereign Wealth Fund cash by Sarkozy will re-open the Clearstream scandal, in which Sarkozy was accused of receiving cash payments through a Clearstream account in Luxembourg. The money stemmed from business bribes between France and companies and government officials in Taiwan and Pakistan. Sarkozy denied the charges and tried to turn the tables by accusing his chief rival, former French Prime Minister Dominique deVillepin, of manufacturing the Clearstream evidence. Sarkozy, therefore, has every reason to press NATO to attack the Libyan Anti-Corruption Agency in order to destroy any incriminating evidence that could be used in criminal charges against Sarkozy and his campaign. Sarkozy is running for re-election as French president in 2012 and a Libyan political payola scandal would have all but sunk Sarkozy’s chances for re-election and may have even landed him in prison.

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