Morning Update: Gadhafi stashed billions in Canadian bank accounts, says former diplomat

News Snapshot:

Good morning, Billions of dollars belonging to former Libyan dictator Moammar Gadhafi are sitting in Canadian bank accounts almost 12 years after his death, says a former diplomat. Fathi Baja, who served as Libya’s ambassador to Canada from 2013 to 2017, disclosed in an exclusive interview with The Globe and Mail that Mr. Gadhafi secretly stashed “billions” in Canadian financial institutions during his 42-year rule in Libya. The revelation comes as Libya is renewing efforts to recover billions of dollars’ worth of missing assets that were looted by Mr. Gadhafi and his inner circle. That global hunt is resuming as...