London: Libyan dictator Colonel Muammar Gaddafi has secretly deposited GBP 3 billion with a London-based private wealth manager.
According to the Daily Mail, a Swiss intermediary working for Gaddafi brokered a deal to transfer the funds from oil-rich Libya.
A similar attempt made five weeks ago was rebuffed when senior staff at a separate City stock broking firm learned of the source of the money, The Times reported.
The firm`s chief executive told The Times: “I said no, because personally I`m not comfortable dealing with murdering dictators with blood on their hands.”
However, the transaction went ahead with a Mayfair-based private wealth manager last week.