Gadhafi’s Missing Billions Stashed in US and Southern Africa, Officials Say

Billions of dollars disappeared from Libya shortly before the 2011 overthrow and killing of Libyan leader Moammar Gadhafi.

Libyan leader Moammar Gadhafi at a World Summit on Food Security in Rome on Nov. 16, 2009. Alessandro Bianchi/AFP/Getty Images

JOHANNESBURG—Billions of dollars stolen by former Libyan leader Moammar Gadhafi are hidden in clandestine bank accounts and secret vaults in the United States and two southern African countries, intelligence operatives and financial investigators say.

The latest news was first reported by online magazine Africa Confidential on May 9.