Monday 17 December 2012

Long road to recover the wealth of Arab Spring nations - The National

Efforts to recover ill-gotten assets connected to former leaders of Arab Spring countries are proceeding, but the slow pace is frustrating many.

Topic Mohammed Morsi Muammar Qaddafi Arab Spring economies Hosni Mubarak Tunisia Spain Egypt
Spain said on Thursday that it had seized €28 million (Dh135.3m) in assets linked to the former Egyptian dictator Hosni Mubarak, including five luxury cars and nine properties in Marbella and the leafy Madrid suburb of La Moraleja.

Since revolutions overthrew the governments of Zine El Abidine Ben Ali and Hosni Mubarak, the European Union has frozen assets of 67 people linked to the misappropriation of state funds in Egypt and Tunisia.

No comments:

Post a Comment