Friday, March 11, 2011

Gaddafi Has Tens Of Billions To Continue The Civil War in Libya

Photo: Stockpile: The dictator has hidden the haul in various banks across the capital, including the Libyan Central Bank

U.S. Intelligence: Gaddafi Is Funding Fightback Against Rebels With Cash Stockpile Of 'Tens Of Billions' -- Mail Online

* Funds lessen impact of international freeze on Libya's assets
* Cash used to fund loyal troops, African mercenaries and government officials

Colonel Gaddafi is funding his fightback against rebel forces from a stockpile of 'tens of billions' in cash squirreled away in Tripoli banks, U.S. intelligence agents have revealed.

The vast sum has allowed the dictator to continue fighting despite an international freeze on much of his beleaguered government's assets.

Read more ....

My Comment: This has all the ingredients for a long and bloody civil war.

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