Libya War News Updates -- May 5, 2011



U.S. Announces Plans To 'Tap' $30bn Fortune Seized From Gaddafi To Fund Libyan Rebel Fighters -- The Daily Mail

The United States is preparing to 'tap' the $30billion fortune it seized from Libyan dictator Muammar Gaddafi - to fund the rebels bidding to depose him.

US Secretary of State Hilary Clinton made the startling revelation as 22 nations and international organisations met in Rome to thrash out a way of helping the ill-armed Libyan insurgents.

They say they need up to £3billion (£1.8 billion) in the coming months for military salaries, food, medicine and other basic supplies.

Read more ....

More News On Libya's Civil War

Anti-Gaddafi allies offer rebels cash lifeline
-- Yahoo News/Reuters
International group agrees fund for Libya rebels -- Yahoo News/AFP
Libyan rebels to receive £1.8 billion trust fund -- The Telegraph

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