(ANSAMed) – BEIRUT, APRIL 29 – The value of net assets accumulated over the years by members of the family of Syrian President Bashar al Assad, in power for 22 years, for a decade hit by US sanctions, is more than a billion US dollars and European countries but which enjoys the political and military support of Russia.
According to a report by the US State Department, cited today by the Syrian media, the net worth of the Assads, in power since 1970 with Hafez al Assad, father of the current rais, is between one and two billion dollars, but it is of an “inaccurate estimate” due to the difficulty of verifying information gathered from open sources.
The US State Department study considered the net worth of President Bashar al Assad, wife Asma al Akhras, brother Maher, older sister Bushra, maternal cousins Rami and Ihab Makhluf, paternal uncle Rifaat al Assad, and two paternal cousins Dhul Himma and Riad Shalish.
These are personalities affected by international sanctions. Assad’s maternal cousin Rami Makhluf, long regarded as the most influential and wealthiest member of the Syrian regime, was purged between 2020 and 2021 and, according to concordant information, has lost much of his property and assets, confiscated. from the entourage of President Assad and his wife Asma.
It was not possible, the report reads, to obtain sufficient information on the assets of the president’s three children: Hafez, 20, Zayn 18, and Karim 17.
According to the State Department, members of the Assad family have amassed huge fortunes through a dense network of patronage of financial entities, registered under false names or fictitious names, through opaque relationships with individuals and companies.
This patronage network ensures the Assads access to financial resources despite international sanctions and the effects of the war that has been going on for 11 years. (ANSAMed).