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Let's say Gaddafi is finally overthrown, what happens to all of his frozen assets?

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Very_Boring_Name Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 02:50 AM
Original message
Let's say Gaddafi is finally overthrown, what happens to all of his frozen assets?
From what I've read it seems at least 10 billion has been frozen internationally. So what happens to that money?
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 02:54 AM
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1. The US has frozen 30 Billion
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4751911


p.s. Worldwide the amount of billions could be in the hundreds of billions.
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Very_Boring_Name Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 02:57 AM
Response to Reply #1
2. Jeez. So what happens to that money?
imo if a new democratic government is formed, that money should be given directly to them.
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 03:01 AM
Response to Reply #2
4. My guess is that ...
after Gaddafi is 'out', then there will be investigations to trace where the money came from. Then it would eventually be returned to the Libyan people/government who it was stolen from.
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JVS Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-02-11 02:59 AM
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3. I call dibs on them.
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