Much of Gaddafi’s fortune is safe in Ridderkerk

A large part of Libyan leader Muammar Gaddafi’s fortune is safe in Ridderkerk, just south of Rotterdam, the Volkskrant reports on Wednesday.

The paper says an office on the Wolweverstraat is home to the Libyan state oil firm Tamoil as well as Verenex Energy, which extracts oil and gas in Libya, France and Canada. The office has a workforce of 35, the paper says.
According to its 2009 annual report, Tamoil booked net profit of €26m on turnover of €7.7bn.
The paper puts Gaddafi’s total worth at €60bn.
More to follow

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