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Libyan fund pursuing Société Générale asks for call, financial records

By Ben Lucas ( May 19, 2016, 17:12 GMT | Insight) -- Libya’s sovereign wealth fund today asked a London court to order full disclosure of the telephone and financial records of a businessman that Société Générale allegedly bribed to influence investments made by the fund. The Libyan Investment Authority says Walid Mohamed Ali Al-Giahmi then paid LIA employees and used his political connections to steer the fund into making $2.1 billion worth of trades in assets that have since plummeted in value.Libya’s sovereign wealth fund today asked a London court to order full disclosure of the telephone and financial records of a businessman that Société Générale allegedly bribed to influence investments made by the fund....

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