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Tony Blair ‘visited Libya to lobby for JP Morgan’

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Richard Spencer, Heidi Blake and Jon Swaine
London Telegraph
Sept 19, 2011

Tony Blair used visits to Libya after he left office to lobby for business for the American investment bank JP Morgan, The Daily Telegraph has been told.

A senior executive with the Libyan Investment Authority, the $70 billion fund used to invest the country’s oil money abroad, said Mr Blair was one of three prominent western businessmen who regularly dealt with Saif al-Islam Gaddafi, son of the former leader.

Saif al-Islam and his close aides oversaw the activities of the fund, and often directed its officials on where they should make its investments, he said.

The executive, speaking on condition of anonymity, said officials were told the “ideas” they were ordered to pursue came from Mr Blair as well as one other British businessman and a former American diplomat.

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This article was posted: Monday, September 19, 2011 at 8:47 am





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