Treasure hunt

Libya: On the hunt for Gaddafi’s lost treasure

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This article is part of the dossier:

Gaddafi’s legacy

By Frida Dahmani

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Posted on July 7, 2021 23:29

Firefox_Screenshot_2021-07-06T11-12-30.479Z Muammar Gaddafi in Lisbon, 2007 © Suzanne Plunkett/Bloomberg via Getty Images
Muammar Gaddafi in Lisbon, 2007 © Suzanne Plunkett/Bloomberg via Getty Images

Tunisia’s Erik Goaied is a mysterious businessman who is well known in Tripoli and Pretoria. This eclectic adventurer is also the main person trying to find the treasure that Libya’s Muammar el Gaddafi is said to have hid in South Africa.

On 20 April, a Tunisian viewer recognised a former classmate of his while watching the documentary Où Sont les Milliards de Kadhafi? (The Hunt for Gaddafi’s Billions) on Arte. “It’s Iskander, he’s the same person, even though he’s changed his first name. We both went to David Solal’s school for two years and were neighbours from the same housing estate in the Lafayette district of Tunis,” he told a friend.

Iskander is now called Erik and is, at 54, the main person trying to locate the billions that Libya’s Gaddafi is said to have hid in South Africa before his fall in 2011.

No one could have foreseen that Erik Goaied would grow up to become a treasure hunter. Tall and reserved, he comes off as the ideal son-in-law, with no connection to the underworld of spooks and state secrets.

Goaied has not changed, or at least, not much. This man – who, in the 2000s, scoured Tunis’ agricultural

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