Tuesday, 8 March 2011

UAE asked to find and freeze Ben Ali assets as market in Tunis reopens - The National

A group of French and Tunisian lawyers yesterday asked the UAE's Central Bank to trace, identify and freeze assets owned by the deposed Tunisian president Zine el Abidine Ben Ali and his associates.

The request is part of a worldwide asset-seizure campaign that began shortly after Mr Ben Ali's fall on January 14. Similar efforts are under way in Egypt, where government bodies and private sector groups are trying to find and recover the assets of the former president Hosni Mubarak.

"Tracing and freezing [Mr] Ben Ali's assets in the UAE, in strict adherence to the UAE's international obligations under the UN Convention Against Corruption, is the only appropriate measure to meet with the expectations of the Tunisian population," said William Bourdon, the president of Sherpa, a group of French lawyers.

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