Friday, February 25, 2011

Where Do Dictators Deposit Their Money?

Libya's leader Muammar Qaddafi speaks on national television from Tripoli in this Feb. 22, still image taken from video footage. Libyan State Television/Reuters

Swiss Freeze Qaddafi Assets: How Dictators Stash Their Cash 101 -- Christian Science Monitor

Switzerland froze the assets of Libya strongman Muammar Qaddafi and 26 other people from his entourage, less than two weeks after freezing assets belonging to Egypt's Hosni Mubarak.

Switzerland on Thursday announced it was freezing any assets in its banks belonging to Libyan leader Muammar Qaddafi, yet another blow to the embattled strongman who faces increasing pressure to step down.

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My Comment: In the end, it always comes down to the money.

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