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Rebels Inside Muammar Muhammad Al-Gaddafi Villas, Libya
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Personal wealth
Italian companies had a strong foothold in Libya. Italy buys a quarter of Libya's oil and 15 per cent of its natural gas. The LIA owned significant shares in Italy's Eni oil corporation, Fiat, UniCredit bank, and Finmeccanica. In January 2002 Gaddafi purchased a 7.5% share of Italian football club Juventus for US$21 million, through the Libyan Arab Foreign Investment Company. This followed a long-standing association with Italian industrialist Gianni Agnelli and car manufacturer Fiat.
On 25 February 2011 Britain's HM Treasury set up a specialised unit to trace Gaddafi's assets in Britain. Gaddafi allegedly worked for years with Swiss banks to launder international banking transactions.
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