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Libya invested cash with Texas financier - filing


    HOUSTON (Reuters) - The Libyan government had invested some of its cash reserves with accused swindler Allen Stanford's firm as of late 2008, a court filing showed on Tuesday.

    Stanford and Andrea Stoelker, his girlfriend, flew to Libya on January 25 because Libya was considering increasing the amount it had invested with him, according to a court document.

    U.S. prosecutors had cited the 2009 trip to Libya at a detention hearing as evidence that Stanford was a flight risk.

    The Texas financier, who faces criminal charges related to a $7 billion (4.3 billion pounds) fraud, was ordered by a federal judge to remain in custody until his trial.

    (Reporting by Anna Driver; editing by Leslie Gevirtz)