Central Libyan plans to keep its share in the Italian bank UniCredit.
Smiley face

facebook

Currency

facebook


Who's Online

We have 5846 guests online

Archive

Central Libyan plans to keep its share in the Italian bank UniCredit.

PDF | Print | E-mail

Share this post

DateViews
Total939
Sat. 251
Thu. 232
Wed. 221
Tue. 211

The governor of the Central Bank of Libya's great friend Omar on Monday that the bank will retain its share amounting to 2.9 percent in the Italian bank UniCredit does not intend to promote foreign investments at the moment.

The central Libya and the Libyan Investment Authority may cut their share in total bank to about four percent after the bank's capital increase in January. He said that the large share of the Central Bank now stands at about 2.9 percent.

He told Reuters that the central Libyan still supports this investment.

He said that the great Libya was nominated Vice President Ali Mohamed Salem for membership of the Board of Directors.

"The Rhhana Deputy Governor of the Central Bank but may not allow our share to get a seat on the Board of Directors."

The share of the Libyan Investment in UniCredit assets of between $ 1.3 billion euros frozen Italian financial police.

Italy began to freeze the assets says it is owned by the family of Muammar Gaddafi in March at the request of the International Criminal Court.

Among these assets also shares in Eni's oil and gas and Finmeccanica group of defense industry and Fiat for the automotive industry and the Juventus football team.

He said he believed the great that there are contacts between the Libyan government and the Italian government for the release of these assets.

Italy said that these assets were in the possession of the institution Allibh to invest on behalf of the Gaddafi family. According to the Libyan Investment Authority it the rightful owner of these assets and applied to recover it.

(Reuters)