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Gaddafi Sold Libya’s Gold Reserves To Pay Salaries

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TRIPOLI, Libya — The new governor of Libya’s central bank says the former regime sold about 20 percent of the country’s gold reserves to cover salaries amid the uprising that ousted Moammar Gadhafi. Qassim Azzuz told reporters Thursday that Gadhafi’s regime sold 29 tons of gold to local traders in April, netting about 1.7 billion [...]

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