Analysts have claimed Syria’s President, Bashar al-Assad may have amassed up to 1.4 billion dollars for his family and close associates, despite moves to freeze his regime’s assets in London, Switzerland and the US. According to the London business intelligence firm Alaco, many of Assad’s assets are held in Russia, Hong Kong
Assets worth £100m belonging to Syrian leaders have been located and frozen in Britain, the BBC has learned. The European Union imposed sanctions on President Bashar al-Assad’s regime after it violently suppressed
Syria is facing mounting pressure for political reform as Turkey signaled it might freeze some $500 million in assets belonging to President Bashar al-Assad.
President Obama today called on Syrian President Bashar Assad to step down, as his brutal crackdown on the country’s uprising continues to escalate. “The future of Syria must be determined by its people, but President Bashar al-Assad is standing in their way,” Obama said in a statement. “His calls for dialogue and reform have rung […]
The New York Times reports: The United States began moving warships toward Libya and froze $30 billion in the country’s assets on Monday as the administration declared all options on the table in its diplomatic, economic and military campaign to drive Col. Muammar el-Qaddafi from power.
As Egyptians entered a new era Saturday, they were unanimous in one sentiment: To move forward, the country must recover the substantial assets that Hosni Mubarak,