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	Comments on: Big story in the Wall Street Journal today: &#8220;Legal Battle Brews Over Gadhafi’s Millions &#8211; Bank of Valletta refusing to hand over cash to Libyan Government&#8221;	</title>
	<atom:link href="https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/feed/" rel="self" type="application/rss+xml" />
	<link>https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/</link>
	<description>Daphne Caruana Galizia is a journalist working in Malta.</description>
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		<title>
		By: H.P. Baxxter		</title>
		<link>https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040632</link>

		<dc:creator><![CDATA[H.P. Baxxter]]></dc:creator>
		<pubDate>Thu, 21 May 2015 13:30:00 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=63612#comment-3040632</guid>

					<description><![CDATA[Hardly. What do you suppose will happen? An invasion by Libya in reverse?]]></description>
			<content:encoded><![CDATA[<p>Hardly. What do you suppose will happen? An invasion by Libya in reverse?</p>
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		<title>
		By: H.P. Baxxter		</title>
		<link>https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040631</link>

		<dc:creator><![CDATA[H.P. Baxxter]]></dc:creator>
		<pubDate>Thu, 21 May 2015 13:29:00 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040628&quot;&gt;La Redoute&lt;/a&gt;.

Indeed. Let&#039;s recap Malta&#039;s economy: dirty foreign money financing illegal Maltese real estate.


Sort of puts some oomph into my guest post.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040628">La Redoute</a>.</p>
<p>Indeed. Let&#8217;s recap Malta&#8217;s economy: dirty foreign money financing illegal Maltese real estate.</p>
<p>Sort of puts some oomph into my guest post.</p>
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		<title>
		By: La Redoute		</title>
		<link>https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040628</link>

		<dc:creator><![CDATA[La Redoute]]></dc:creator>
		<pubDate>Thu, 21 May 2015 13:07:00 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=63612#comment-3040628</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040619&quot;&gt;H.P. Baxxter&lt;/a&gt;.

Bank of Valletta must be holding onto more than 60 million in Gaddafi money. That&#039;s just the sum associated with Mutassim. 

He was one of five siblings (six, if you count his half brother) and was not the only one who visited Bank of Valletta. Then there was his father, too.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040619">H.P. Baxxter</a>.</p>
<p>Bank of Valletta must be holding onto more than 60 million in Gaddafi money. That&#8217;s just the sum associated with Mutassim. </p>
<p>He was one of five siblings (six, if you count his half brother) and was not the only one who visited Bank of Valletta. Then there was his father, too.</p>
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		<title>
		By: H.P. Baxxter		</title>
		<link>https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040619</link>

		<dc:creator><![CDATA[H.P. Baxxter]]></dc:creator>
		<pubDate>Thu, 21 May 2015 11:48:00 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=63612#comment-3040619</guid>

					<description><![CDATA[If Libya recovers those 60 million, Bank of Valletta will go bust. That means personal savings.

Spain before the crisis magnified.

It&#039;s not that the FIAU didn&#039;t know about it or chose to ignore it. They knew about it way back before 2013. 

But the government had a choice between the collapse of the economy, and humouring Gaddafi and his Maltese accountants. So they humoured Gaddafi.

Had Malta really supported the revolution in 2011, as the biographies would have it, then maybe it could have negotiated a deal to avoid this lawsuit. 

But whatever negotiation it enters into now, it will be doing so from a position of weakness.  

Our foolish foreign policy has come to bite us in the behind. 

It&#039;s no wonder Mater Dei Hospital has turned into Libya&#039;s casualty station, and no questions asked.

Yes, running a government is a complicated business, but it helps to be have people running it who can think in complex ways.]]></description>
			<content:encoded><![CDATA[<p>If Libya recovers those 60 million, Bank of Valletta will go bust. That means personal savings.</p>
<p>Spain before the crisis magnified.</p>
<p>It&#8217;s not that the FIAU didn&#8217;t know about it or chose to ignore it. They knew about it way back before 2013. </p>
<p>But the government had a choice between the collapse of the economy, and humouring Gaddafi and his Maltese accountants. So they humoured Gaddafi.</p>
<p>Had Malta really supported the revolution in 2011, as the biographies would have it, then maybe it could have negotiated a deal to avoid this lawsuit. </p>
<p>But whatever negotiation it enters into now, it will be doing so from a position of weakness.  </p>
<p>Our foolish foreign policy has come to bite us in the behind. </p>
<p>It&#8217;s no wonder Mater Dei Hospital has turned into Libya&#8217;s casualty station, and no questions asked.</p>
<p>Yes, running a government is a complicated business, but it helps to be have people running it who can think in complex ways.</p>
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		<title>
		By: Tabatha_White		</title>
		<link>https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040588</link>

		<dc:creator><![CDATA[Tabatha_White]]></dc:creator>
		<pubDate>Wed, 20 May 2015 21:40:00 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=63612#comment-3040588</guid>

					<description><![CDATA[Libya accuses Malta of money laundering. Have we reached the pits?

They&#039;ve been quite patient and this story was bursting at the seams.

No wonder all the recent high alerts in the news.

Very interesting that they can&#039;t find a buyer.  So much for Muscat&#039;s global standing.]]></description>
			<content:encoded><![CDATA[<p>Libya accuses Malta of money laundering. Have we reached the pits?</p>
<p>They&#8217;ve been quite patient and this story was bursting at the seams.</p>
<p>No wonder all the recent high alerts in the news.</p>
<p>Very interesting that they can&#8217;t find a buyer.  So much for Muscat&#8217;s global standing.</p>
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		<title>
		By: Daphne Caruana Galizia		</title>
		<link>https://daphnecaruanagalizia.com/2015/05/big-story-in-the-wall-street-journal-today-legal-battle-brews-over-gadhafis-millions-bank-of-valletta-refusing-to-hand-over-cash-to-libyan-government/#comment-3040579</link>

		<dc:creator><![CDATA[Daphne Caruana Galizia]]></dc:creator>
		<pubDate>Wed, 20 May 2015 21:18:00 +0000</pubDate>
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					<description><![CDATA[http://www.wsj.com/articles/legal-battle-brews-over-gadhafis-millions-1432128545]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.wsj.com/articles/legal-battle-brews-over-gadhafis-millions-1432128545" rel="nofollow ugc">http://www.wsj.com/articles/legal-battle-brews-over-gadhafis-millions-1432128545</a></p>
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