 In February 2014, Société Générale agreed to pay $122 million to the Fannie Mae and the Freddie Mac for misleading them in the purchase of mortgage-backed securities.In March 2014, the Libyan Investment Authority has filed a $1.5bn lawsuit in London's High Court against Société Générale.The claims against the bank involve derivative transactions that took place from 2007 to 2009, and Société Générale is accused of funneling at least $58 million in bribes to Gaddafi's son Saif al-Islam Gaddafi.