Thursday, March 10, 2011

Gadhafi's Son Used Libya Oil Profits for Personal Gain, WikiLeaks Reveals

HAARETZ: Cable from U.S. embassy in Tripoli said Libyan leader's son Saif al-Islam had regularly siphoned off oil produced by France's Total oil company and its German partner Wintershall in offshore al Jurf field.

The United States believed in 2009 that Muammar Gadhafi's son Saif al-Islam was personally profiting from part of the output of an oil field run by France's Total oil and gas company, according to a diplomatic cable published by the Norwegian newspaper Aftenposten.

The cable from the U.S. embassy in Tripoli -- part of a leaked cache made available to Aftenposten by the Wikileaks site -- said the Libyan leader's son had regularly siphoned off oil produced by Total and its German partner Wintershall in the offshore al Jurf field.

"The embassy could not determine whether Saif's tapping of oil affected the Libyan state's share or whether it came at the expense of the foreign companies," Aftenposten reported on Thursday. >>> Reuters | Thursday, March 10, 2011