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The situation in Syria – the world is hunting for Assad's billions – UNIAN

During the decades of his autocratic rule, the Assad family was able to secretly take possession of a significant fortune, estimated at billions of dollars.

After the fall of Bashar al-Assad's regime in Syria, a global hunt began for billions of dollars hidden by the dictator's family during decades of autocratic rule, writes The Wall Street Journal.

The pursuit of this money is likely to be complex and lengthy, given years of efforts to recover wealth hidden abroad by other dictators such as Saddam Hussein and Muammar Gaddafi.

The Assad family has built up a complex network of investments and business assets since Hafez al-Assad came to power in 1970.

“Among the acquisitions of Bashar al-Assad’s close relatives are real estate in Russia, boutique hotels in Vienna and…



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