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New Decision to Seize Rami Makhlouf’s Assets in Syria

New Decision to Seize Rami Makhlouf’s Assets in Syria

Saturday, 25 April, 2020 - 07:00
File photo of Rami Makhlouf

The Finance Ministry has seized the assets of a company owned by Rami Makhlouf, the cousin of Syrian President Bashar Assad, media sources revealed Friday.


A Syrian website published the Ministry’s decision to seize the assets of the “Abar Petroleum Service SAL offshore” company, which is registered in Beirut and manages the transfer of shipments of petroleum products, diesel, gasoline, and liquefied gas.


Makhlouf is on the list of US sanctions for supporting the Damascus regime.


The Ministry said Makhlouf violated the import rules by smuggling products worth 1.9 billion Syrian pounds without paying the charges and fees.


Makhlouf denies links to the company.


In December 2019, the general directorate of Syrian customs issued a decision to place the movable and unmovable property of Makhlouf and each of Baher al-Saadi, Mohammed Kheir al-Amrit, Ali Mohammed Hamzah and their wives, under preventive seizure.


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