Gaddafi may escape with central bank gold, says ex-Libyan governor

The Central Bank of Libya, Tripoli

A former governor of the Central Bank of Libya on Thursday warned that deposed dictator colonel Muammar Gaddafi may have run off with large portions of the country’s gold reserves and could sell the bullion to incite chaos.

In an interview with Corriere della Sera, an Italian daily, Farhat Bengdara, a governor of the Central Bank of Libya from 2006 to 2011, said Gaddafi could have taken up to $10 billion of gold reserves from the central bank in Tripoli and that the Libyan leader even attempted

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.