The South African Treasury is investigating Libyan claims that Muammar Gaddafi and his family stashed money and other assets in the country.
A spokesman for the South African Finance Minister, Pravin Gordhan (pictured), said that a group claiming to represent the Libyan government has asked the South African government for help in tracking more than $1 billion in cash, gold and diamonds.
The Gaddafi assets were reportedly held by four banks and security companies in South Africa.
(Sources: Reuters, Voice of America)