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The Dreadful Chronology of Gaddafi’s Murder

By Chris Welzenbach | 5 October 2016

COUNTER PUNCH — Jean-Paul Pougala’s April 14, 2011 piece in Pambazuka News titled “The Lies Behind the West’s War on Libya” describes how Africa first developed its own transcontinental communications system by purchasing a telecommunications satellite on December 26, 2007: the African Development Bank ponied up $50 million toward the nearly $400 million cost of the orbiter and the West African Development Bank added $27 million more. Libya contributed $300 million, which made the purchase possible. Pougala writes that when it was up and running, the new system was “connecting the entire continent by telephone, television, radio broadcasting, and several other technological applications such as telemedicine and distance teaching.”

After 14 years of foot-dragging by the IMF and the World Bank, Libyan leader Muammar Gaddafi’s generosity allowed for this one-time purchase that spared the nations of Africa a $500 million annual lease payment for access to a telecom satellite and euchred Western banks out of potential billions in loans and interest. At this time, Gaddafi was also seeking to establish a trans-African banking system based on gold to free the continent from its financial bondage to the IMF and the World Bank—which would gravely harm both predatory entities.

Since 2003, Gaddafi had worked hard to repair his reputation for financing terrorism by renouncing any future support for terrorist organizations and by establishing a fund to compensate victims of Pan Am Flight 103 and UTA Flight 772, each destroyed by acts of terror believed to have been financed by Libya. On December 10, 2007 Gaddafi traveled to France for a pow-wow with then-President Nicolas Sarkozy.

During their December 11, 2007 meeting at the Elysee Palace, Gaddafi and Sarkozy signed some $15 billion worth of contracts for military hardware and a nuclear power station, but matters other than trade were also on the agenda. In a March 12, 2012 report, the French investigative journalism consortium Mediapart stated: “According to information contained in a confidential report prepared by a recognised French expert on terrorism and terrorist financing, President Nicolas Sarkozy’s 2007 election campaign received up to 50 million euros in secret funds from the regime of the late Libyan dictator Colonel Muammar Gaddafi.” Documents released by Mediapart on September 11, 2016 confirm that the financial relationship between Gaddafi and Sarkozy dates back to December 10, 2006. […]

1 Comment on The Dreadful Chronology of Gaddafi’s Murder

  1. Gaddafi’s & the Saudis
    His biggest mistake was taking on the Marrano Saudi family!
    And his next biggest mistake was the creation of the Gold Diner!

    Gold Dinar: the Real Reason Behind Gaddafi’s Murder
    May 3, 2019
    The gold dinar: a groundbreaking initiative
    In 2009, Colonel Gaddafi, then President of the African Union, suggested to the States of the African continent to switch to a new currency, independent of the American dollar: the gold dinar.

    The objective of this new currency was to divert oil revenues towards state-controlled funds rather than American banks. In other words, to stop using the dollar for oil transactions. Countries such as Nigeria, Tunisia, Egypt and Angola were ready to change their currencies. Unfortunately in March 2011, the NATO-led coalition began a military intervention in Libya in the name of freedom….

    Free water, almost free gasoline, free health system and free education were commonplace for Libyans under Gaddafi’s dictatorship.

    The leader, who has been in power for 41 years, has managed to gain the support of all the major tribes and buy social peace through radical measures and a policy of shared oil revenues.

    Jihadism, the number one enemy of the West, Gaddafi eliminated it with Napalm in the 1990s. Although he financed many armed groups in the Sahel, Libya itself was a stable country where the risk of being kidnapped or even murdered by an armed militia was non-existent.

    With an excellent management of oil revenues, the Libyan state had managed to store hundreds of tons of gold (143 tons according to WikiLeaks) and the same amount in silver. All these resources were going to make Libya the most influential country in Africa, supplanting France for example.

    Gaddafi wanted to avoid American influence in his oil transactions by using this gold. He launched the gold dinar project, and other major African governments were ready to support him in this project. It was both an African dream and a nightmare for the West’s financial system.

    The end of the African dream
    This information was discovered through Hillary Clinton’s electronic mailbox. One of the 3000 emails showed NATO’s willingness to overthrow Gaddafi’s government. NATO mainly wanted to to neutralize the African gold currency supported by Libyan oil reserves.

    At the beginning of March, the Libyan army and the many militias loyal to the government had already crushed the rebellion, thanks to their numbers and equipment. However, with Western intervention, the dream of a unified monetary system based on gold and independent of the dollar perished…

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