Monday 9 April 2018

Libyan sovereign wealth fund files lawsuit against JPMorgan Chase | ZAWYA MENA Edition

Libyan sovereign wealth fund files lawsuit against JPMorgan Chase | ZAWYA MENA Edition:

"Libya's sovereign wealth fund has filed a lawsuit against JPMorgan Chase in a London court, a spokesman for the Libyan Investment Authority (LIA) said on Monday.

Details of the lawsuit were not disclosed and a spokeswoman for JPMorgan declined to comment.

The LIA has previously brought lawsuits against two other investment banks in London courts, relating to trades carried out during the rule of Muammar Gaddafi."



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