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Gaddafi’s $10m dagger seized


Turkish police on Monday said they had seized an ivory dagger, speckled with precious stones, which belonged to the late Libyan ruler, Muammar Gaddafi. Police said in Instanbul that the dagger worth about 10 million dollars was looted during the chaos that erupted in Libya in 2011, leading to Gaddafi’s overthrow.

 However, the dagger was seized during a raid in Istanbul. The man in possession of the dagger bought it for 4.6 million dollars and planned to sell it to a businessman from Saudi Arabia at 10 million dollars.
 After the overthrow of the long-time strongman, rebels took over his family’s many palaces, finding immense wealth and signs of excessive spending, including luxury accommodations and collections. Libya has immense oil reserves said to be the largest in Africa, though the country is struggling to keep its industry afloat amid security chaos since the overthrow of Gaddafi.

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