Colonel Gaddafi's family wealth takes shelter in London

COLONEL Gaddafi secretly deposited 3 billion pounds ($4.8bn) with one of London's Mayfair private wealth managers last week as he sought to protect his family's fortunes. The deal was brokered on his behalf by a Swiss-based intermediary who, it is understood, had previously approached another well-known City stockbroking firm five weeks ago with a view to depositing funds. However, when that stockbroker discovered the ultimate identity of the source of the funds, it advised the intermediary to take his business elsewhere. The chief executive of the firm told The Times: "I said no, because personally I'm not comfortable dealing with...