MIDDLE EAST 02:35 17.06.2016(updated 02:37 17.06.2016)
Libya is suing Wall Street megabank Goldman Sachs for $1.2 billion dollars, claiming that it used different forms of corruption to secure high-risk contracts with Libyan Investment Authority (LIA) in 2008.
No US Allies Prepared to Send Troops to Aid Fight Against Daesh in Libya
According to the Libyan government, Goldman Sachs bankers used bribes, lavish gifts, and prostitutes to lock in contracts that turned out disastrous for the African nation. The trial, which begins this week in London, has made headlines, as many of the bank’s top officials rotated into and out of influential government jobs, including managing partner Timothy Geithner, who was appointed Secretary of the Treasury under US President Barack Obama.
Continue reading US Government and Wall Street Played a Trick on Libya









Marko Marjanović