Monday, October 24, 2011

GIVE THE MONEY BACK



There has been a lot of fighting in North Africa since February 2010. This rebellion was in the country of Libya to depose the current leader, as the people wanted a new government. The people of Libya had enough of the dictatorship  of Moammar Kadafi. After he was captured and killed last week, investigators in many different countries have reported investments totalling over $200 billion.. During his 41-year reign, he amassed this great wealth in cash and assets in various banks and countries around the world. Libya has the largest reserves of oil in Africa and between him and his family they were taking the profits away from the people and using it for themselves. The money that has been taken away from the people is now being tied up by International law. Only the Untied States has returned over $700 million and the UN has returned another $1.5 billion.

With a population of 6.5 million people, of which over 60% live below the poverty line, this amount of money could do a lot of good for this country. If it was returned to the people of Libya it would help them bring their country out of all the bad economic problems they have. I believe that World Governments should forget this policy and return the money back to the people of Libya. It was the people’s money in the first place.

October 21, 2011,

1 comment:

  1. I totally agree with you. The money didn't belong to anyone other than the people of Libya. If we don't return the money to Libya, we are not doing anything better than what Gaddafi had done. I believe, too, that these money would save Libyans from the poverty to some extent.

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