We’ve seen all of the crazy and frivolous trinkets found in the Muammar Gaddafi Libyan compound and now it’s being reported that this guy has secret money hidden in NYC:
The Libyan madman stashed $1.1 billion of government assets in two New York City-based banks, The Post has learned. Investment bank Goldman Sachs is holding onto $604,972,056.56 of Libyan government assets, and JPMorgan Chase has a cool $513,319,668.58, according to a report provided to The Post by the US Treasury’s Office of Foreign Assets Control.
Wells Fargo has $6,098,291.04, and Bank of America has $837,875.85, according to the Libya Sanctions Blocked Assets Report. The report does not show any of the banks holding personal funds for Khadafy or his son, Seif al-Islam Khadafy. The United States froze the assets in February after the United Nations imposed sanctions on Libya. The total amount of the frozen assets in the US is estimated at some $37 billion including property and investments.
The State Department last week said it had released $1.5 billion in Libyan funds with $500 million to go to UN agencies for humanitarian support, $500 million going to pay fuel costs, and $500 million to be held in a special fund to be used for health, education and social services. The State Department and US Treasury refused to comment on whether the assets in the four banks were those being released.
Goldman Sachs and Chase refused to comment.