This article was originally published on GR in May 2017.

The Text below is the transcript of the interview between Alex Knyazev of Russia TV24 and Peter Koenig.

Questions Russia TV24: What were the reasons Mr. Gaddafi was killed and NATO invaded Libya?

PK: Mr. Muammar Gaddafi was certainly not killed for humanitarian reasons.

Mr. Gaddafi wanted to empower Africa. He had a plan to create a new African Union, based on a new African economic system. He had a plan to introduce the ‘Gold Dinar’ as backing for African currencies, so they could become free from the dollar dominated western monetary system, that kept and keeps usurping Africa; Africa’s vast natural resources, especially oil and minerals. As a first step, he offered this lucrative and very beneficial alternative to other Muslim African states, but leaving it open for any other African countries to join.

At the time of Gaddafi’s atrocious murdering by Hillary Clinton, then Obama’s Secretary of State, and the French President Sarkozy, driven by NATO forces, on 20 October 2011 – Libya’s gold reserves were estimated at close to 150 tons, and about the same amount of silver. The estimated value at that time was US$ 7billion.

It’s your guess who may have stolen this enormous treasure from the people of Libya. As of this date, it is nowhere to be found.

Gaddafi also wanted to detach his oil sales from the dollar, i.e. no longer trading hydrocarbons in US dollars, as was the US / OPEC imposed rule since the early 1970s. Other African and Middle Eastern oil and gas producers would have followed. In fact, Iran had already in 2007, a plan to introduce the Tehran Oil Bourse, where anyone could trade hydrocarbons in currencies other than the US dollar. That idea came to a sudden halt, when Bush (George W) started accusing Iran of planning to build a nuclear bomb which was, of course a fabricated lie, confirmed by the 16most prominent US security agencies- and later also by the UN body for nuclear safety – the International Atomic Energy Agency (IAEA), in Vienna. Washington needed a pretext to stop the Tehran Oil Bourse which would have decimated the need for dollars, and thereby most probably would have meant the end of the dollar hegemony.

Saddam Hussein had the same idea. He promised as soon as the murderous and criminal embargo imposed by the UN – of course dictated by Washington – would end in 2000, he would sell his petrol in euros. He was killed.

Gaddafi’s new plan for Africa would have meant an entirely new banking system for Africa, away from the now western (mainly France and UK) central banks dominated African currencies. -It could have meant the collapse of the US dollar -or at least an enormous blow to this fake dollar based western monetary system.

So, the Gold Dinar was not to happen. Anybody – to this day- who threatens the dollar hegemony will have to die. That means anybody other than China and Russia, because they have already a few years ago largely detached their economy from the dollar, by implementing hydrocarbons as well as other international contracts in gold or the respective local currencies. That alone has already helped reducing dollar holdings in international reserve coffers from almost 90% some 20 years ago to a rate fluctuating between 50% and 60% today.

The also Washington / CIA induced “Arab Spring” was to turn the entire Middle East into one huge chaos zone- which today of course, it is. And there are no plans to secure it and to return it to normalcy, to what it was before. To the contrary, chaos allows to divide and conquer – to Balkanize, as is the plan for Syria and Iraq. One of the Washington led western goals of this chaos of constant conflict is to eventually install a system of private central banks in the Middle Eastern / North African countries controlled by Washington – privately owned central banks, à la Federal Reserve (FED), where the neocons, the Rothschilds and freemasonry would call the shots. That is expected to help stabilize the US dollar hegemony, as the hydrocarbons produced in this region generate trillions of dollars in trading per year.

Gaddafi also wanted to introduce, or had already started introducing into Africa a wireless telephone system that would do away with the US / European monopolies, with the Alcatels and AT and T’s of this world, which dominate and usurp the African market without scruples.

Gaddafi was not only the leader of Libya, he had ambitions to free Africa from the nefarious fangs of the west. Despite being called a dictator and despot by the west – they do that to anyone who doesn’t submit to Washington’s rules – he was very much liked by Libyans, by his people. He had a more than 80% approvalrate by the Libyan people. Libya’s oil fortune has allowed him to create a social system in his country where everybody would benefit from their land’s riches – free health care, free education, including scholarships abroad, modern infrastructure, top-notch technology in medicine, and more.

Russia TV24: Why the gold dinar would be unacceptable for the western leaders? Or not?

PK: Yes, the gold Dinar was totally unacceptable for western leaders. It might have devastated the US dollar hegemony, as well as Europe’s control over the African economy – which is nothing less than neo-colonization of Africa – in many ways worse than what happened for the past 400 or 800 years of murderous military colonization and oppression -which is by the way still ongoing, just more discretely.

Look at the Ivory Coast 2010 presidential elections. Theirarguably ‘unelected’ President, Alassane Ouattara (picture on the right), was in a tie with the people’s candidate, Laurent Gbagbo. Gbagbo said he won the election and asked for a recount which was denied. Ouattara, a former IMF staff, was pushed in, basically by ‘recommendation’ of the IMF. He is the darling of the neoliberal international financial institutions – and is leading a neocon government – an economy at the service of western corporations. That’s what they wanted. That’s what they got. Modern colonization is well alive and thriving. I call this a financial coup, instigated by foreign financial institutions.

Mr. Laurent Gbagbo was accused of rape, murder and other atrocities and immediately transferred to the International Criminal Court (sic-sic) – what justice? – in The Hague, where he was waiting five years for a trial which started on 28 January 2016 and is ongoing. On 15 May 2017, it was extended at the Prosecutor’s request to collect further evidence. This by all likelihood is just a farce to dupe the public into believing that he is getting a fair trial. Already in hearings in 2014, Gbagbo was found guilty of all charges, including murder, rape and other crimes against humanity. Like Slobodan Milošević, he is an inconvenient prisoner, or worse would he be as a free man. So, he will most likely be locked away – and one day commit ‘suicide’ or die from a ‘heart attack’. The classic. That’s how the west does away with potential witnesses of their atrocious crimes. End of story. Nobody barks, because the ‘free world’has been made believe by the western presstitute media that these people are inhuman tyrants. That’s precisely what the western media’s headlines proclaimed about Muammar Gaddafi: Death of a Tyrant.

On the other hand, in 2015, Ouattara was “reelected by a landslide”. That’s what western media say. Colonization under African ‘leadership’. He is protected by the French army.

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Back to Libya: Take the specific case of France and West and Central Africa. The French Central Bank, the Banque de France, backs the West and Central African Monetary Union’s currency, the CFA franc. The West African Central Bank, for example, is covered, i.e. controlled, by about 70% of the Banque de France. Banque de France has an almost total control over the economy of its former West African colonies. No wonder, Sarkozy, a murderer and war criminal – sorry, it must be said, backed Hillary’s – also a murderer and war criminal, push for NATO to destroy the country and kill thousands of Libyans, including Libya’s leader, Muammar Gaddafi. Hillary’s infamous words: ‘We came we saw he died’. And that she said shamelessly, jokingly, laughing. Would the term human being still apply to such a monster?

Russia TV24: What countries are mostly interested in the Libyan recovery and why? What are the chances for the economy of Libya to be repaired?

PK: Well, if anybody should be interested in Libya’s recovery it would be first the Libyans who are still living in Libya, because they are now living in a Libya of chaos and high crime, of mafia-economics, of tyranny by gang leadership. They certainly have an interest to return to normalcy. North African neighboring countries should also be interested in restoring order and rebuilding Libya’s infrastructure and economy, stopping the spill-over of high crime and terrorism. They have lost an important trading partner.

Of course, the rest of Africa, who have suffered from continuous colonization of the west, after Gaddafi’s demise, should also be interested in reestablishing Libya. They know,it will never be the same Libya that was there to help their economy, to help them prying loose from the western boots and fangs of exploitation.

And Europe -should be most interested in reestablishing order and a real economy in Libya- cleaning it from a murderous Mafia that promotes drugs and slave trade ending up in Europe. Libya today is one of the key hubs for the boat refugees from Africa to Europe.Instead of helping Libyans to come to peace within its borders and to rebuild their country, the European Commission launched in 2015 a new European Border and Coast Guard Agency, targeting specifically Libya – destroying refugee boats, if they cannot stop them from leaving Tripoli, Benghazi and other Libyan Sea ports.

Of course, spineless Europe doesn’t dare saying they would like to remake Libya into a functional state.Libya is Washington’s territory – and Washington wants chaos to continue in Libya.As such Libya is a formidable ground for training and recruitment of terrorists, drug and slave trading; a country where crime prospers and the CIA takes their cut, as these criminal activities are directed by the CIA and their affiliates. The rest of the world doesn’t see that. For them it’s all the fault of the dictator Gaddafi, who thanks goodness was eliminated by the western powers, lords of money and greed.

Russia TV24: Decades ago Libya was very successful from an economic point of view. What main things could you remember?

PK: Libya was economically and socially a successful country, arguably the most successful of Africa. Prosperity from oil was largely shared by Gaddafi with his countrymen. Libya had a first-class social safety net, an excellent transportation infrastructure, free medical services, and modern hospitals,equipped with latest technology medical equipment, free education for everyone – and students could even receive scholarships to study abroad.

Under President Gaddafi, Libya built friendly relations based on solidarity with other African States and was always ready to help if a ‘brother nation’ was in trouble. Gaddafi was a bit like Hugo Chavez in South America. He had a large heart and charisma, maybe not so much for western leaders, but certainly for Libya’s own population. Yet, he is accused of tyranny by the West, and is said to having financially supported Sarkozy’s Presidential campaign – Sarkozy, the very ‘leader’ (sic-sic),who then helped Hillary lynch Gaddafi. If that doesn’t say a lot about Europe’s criminal leaders – what will?

Muammar Gaddafi was accused by Washington – an accusation immediately repeated by the spineless European puppets, of being responsible for the December 1988 PanAm Flight 103 bombing over Lockerbie, Scotland. More than 240 people perished in the crash. Not a shred of evidence was discovered that Libya was behind the plot. But it was a good reason to start a program of sanctions against Gaddafi’s regime. It was most likely a false flag. What interest would anybody have to bring down that flight, other than clamping down on an oil-rich country.

Russia TV24: Now we see oil production has grown to at least 50% of the 2011 level. Can we expect it to continue growing and affecting the oil market?

PK: Yes, Libyan oil production has increased to about 50% of its 2011 level. Libya is known for her high premium light petrol, commanding premium prices. It is a market niche which might well be affected by Libya’s stepped up production. But who really benefits from this production increase? – Most likely not the Libyans, but the international corporations, mostly American and French oil giants. They call the shots on the production levels. They are part of the international cartel of oil price manipulators, as are the Wall Street banksters,predominantly Goldman Sachs.

Russia TV24: The sanctions against Libya are lifted and all barriers for foreign investments have disappeared as well. Does it mean the county will face recovery soon?

PK: Sanctions may be lifted, but that does not mean that foreign investments will now flow to Libya. The country is still under chaos and disarray – and in my opinion will stay so in the foreseeable future. That’s in Washington’s interest.Investors are reluctant to put their money into a crime nest and a terrorist breeding ground which is working closely with Washington and its secret services – to provide terrorists to fight US-proxy wars around the Middle East, for example in Syria and Iraq – and now even in Afghanistan – and who knows where else.

Russia TV24:How do you assess the political situation in the country today?

PK: As much as I would like to end on a positive note, it is difficult. As long as the CIA, chief instigator of all wars in the Middle East, is using the purposefully created Libyan chaos to train and recruit Islamic State fighters, Al-Qaeda and other terrorist groups which vary only in name but have the same objective – namely regime change in Syria – prospects for a foreseeable bright future are dim.

Of course, a lot depends on the unpredictable Trump Presidency. Will he seek peace in the Middle East? – That would be the surprise of the Century – or will he continue on the track dictated by the Deep State (not least to save his skin) – continue destruction of the Middle East, Balkanization of Syria – all as a stepping stone to Full Spectrum Dominance – as is written in the American Bible – the PNAC – Plan for a New American Century – which outlines the ‘American Pax Romana’. They were the bloodiest 200 – 300 years of the Roman Empire. Here comes the positive note: It is unlikely that the American empire will last that long. It’s on its last legs.When it finally falters, Libya may recover, and so may the rest of the world.

Peter Koenig is an economist and geopolitical analyst. He is also a former World Bank staff and worked extensively around the world in the fields of environment and water resources. He lectures at universities in the US, Europe and South America. He writes regularly for Global Research, ICH, RT, Sputnik, PressTV, The 4th Media (China), TeleSUR, The Vineyard of The Saker Blog, and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.