Wealth fund still conceals inner secrets - FT.com

The Tripoli seafront headquarters of Libya’s $65bn sovereign wealth fund lay empty and unguarded on Thursday, the only sign of recent human activity a giant torn poster of Muammer Gaddafi in the foyer.

Perched high in a tower overlooking the southern Mediterranean, the offices of an institution that was once courted by some of the world’s leading banks lay open to visits from rebel fighters and looters – even if its most interesting doors remain locked for now.

Before the Libyan leader found himself under siege from this year’s popular uprising and, quickly, a pariah once again, no institution symbolised Col Gaddafi’s return to the international fold more than the Libyan Investment Authority.

* username: rupertbu