Watchdog Report Reveals Libya’s $210 Million Sandton Investment Has Brought No Gains For Its Citizens

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Libya’s substantial financial stake in Sandton real estate, including a $210 million outlay on The Michelangelo Hotel, has failed to generate any returns for ordinary Libyan citizens across a period spanning more than twenty years, with poor oversight and protracted court disputes cited as the primary causes of the investment’s underperformance.