in Check It Out, Politics

The Libya Investment Firm and the release of the Lockerbie bomber

The Telegraph has more dirt on the Libya-BP terrorist-for-oil deal. There’s certainly lots of smoke here. Could fire be far behind?

The name reads Dalia Advisory Limited, a company established by Libyan businessmen just a week after the country’s officials were told the Lockerbie bomber Abdelbaset al-Megrahi was being considered for release on compassionate grounds.

Dalia Advisory is in fact a “front” for the Libyan Investment Authority (LIA), a sovereign wealth fund with £80 billion, to invest in Britain and beyond. The Georgian town house, bought for £6 million, is, ironically, only a few yards from the US Embassy in Grosvenor Square.

Senior business sources have told The Sunday Telegraph that had Megrahi died in a British jail, the LIA would have taken its vast sums elsewhere. “If Megrahi had perished in Scotland, we would have become a pariah state as far as the Libyans were concerned,” said one source.

via Special report: the Libya investment firm and the release of the Lockerbie bomber – Telegraph.