Is there a link between Fiat and Gaddafi?

Muammar Gaddafi has been running the show in Libya for the last 42 years. During that time, he's also been behind the investment maneuvers of the Libyan Arab Foreign Bank. In 1976, he reportedly instructed that $415 million be used to buy a stake in Fiat. Over time, that investment has turned into a 14 percent ownership stake in the Italian automaker. Fast-forward a bit to the 1980s and Fiat was looking to do business around the globe. S. were quickly shot down. 1 billion to do so. According to Fiat, the connection to Libya ended when it cut that massive check. However, according to information obtained by Wikileaks, Libya may still own a small portion of the company.

Is there a link between Fiat and Gaddafi?