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Sweden freezing Syrian assets in their bank
Monday, 09 July 2012
Syrian
citizens and companies are having their assets in Swedish bank accounts
frozen by the EU. Some 20 accounts with a total of Skr150 million in
reported to be affected but the matter is not robustly made public by
the Swedish FSA, (Finansinspektionen, FI,) and the, Foreign Ministry.
The
most powerful man in Syria's business community, 42-year-old Rami
Makhlouf, who has also become targets of popular anger at the country's
privileged elite in said to be the cousin of President Bashar al-Assad.
He is considered to be the owner of about half of Syria's business
community. The business magnate controls the companies involved in
everything from military equipment to telecommunications, transport and
real estate.
Rami Makhlouf is just one of the 114 Syrian
nationals on the EU list of everyone who had their assets in banks in
the EU to be frozen. Among the others are a variety of high military
officials, government representatives, owners of banks and oil
companies that support the Syrian oppressor. Also the Syrian Central
Bank money has been frozen.
The Swedish banks are by role
required to report customers who are on the EU list to the
Swedish FSA. When the Newspapers started asking questions about
those on the list and how the banks are dealing with them, as well as
sought documents related to the Syrian assets in Sweden, the officials
started getting nervous.
Sweden has coiled in the background to
taking tangible action on Syria. They have verbally condemned the
action of the Syrian massacres but Swedish companies are still doing
businesses with Syria.
Per Saland is the government's
coordinator on the international sanctions. He knows about the Syrian
assets in Sweden, but do not know how big they are. He also points out
that the EU currently has sanctions against many countries.
"In
Sweden, the process is usually not be any huge amounts. The Syrian
assets are not on the same scale as the Libyan assets, which stood at
Skr14-Skr15 billion," says Ambassador Saland at the Swedish External
relations.
by Scancomark.se Team
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