Bashar al-Assad's uncle to face trial in France over property fraud: source - It's Over 9000!

Bashar al-Assad's uncle to face trial in France over property fraud: source

Baladi News

The uncle of Syrian President Bashar al-Assad will stand trial in France for allegedly acquiring millions of euros worth of French property assets using funds diverted from the Syrian state, a judicial source said on Wednesday.

Rifaat al-Assad is a former military commander, widely held responsible for crushing an Islamist uprising in 1982 against then-president Hafez al-Assad, Bashar’s father. Many thousands were killed.

French judicial authorities suspect him of having unduly acquired real estate in several countries with funds from Syria. The 81-year-old has repeatedly denied the allegations.

In France, the value of his properties, including a mansion on the prestigious Avenue Foch in Paris, could be about 100 million euros ($113.01 million), the source said.

 Le Monde newspaper has previously estimated his wealth at 160 million euros.

In 2017, Spanish authorities seized more than 500 Spanish properties from him, worth about 700 million euros, as part of a Franco-Spanish money-laundering operation.

Source: Reuters. 

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