VOL. XLIV

No 51

17-December-2001

LIBYA

Libyas One Nine Investment InternationalBuys Stake In Bula Resources

Dublin-listed Bula Resources on 11December announced that it had placed 77mn new ordinary shares worth a total1.383mn ($1.229mn), of which 50mn shares were placed with One Nine InvestmentInternational (ONII), which according to the announcement is a companywholly-owned by the Ghaddafi International Charitable Foundation (GICF) inLibya. ONII operates under the patronage of Saif al-Islam, the...