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U.S. Slaps Sanctions on Assad Uncle, Top Syrian General
[An Nahar] Washington on Thursday placed economic sanctions on a senior Syrian general and a financier uncle of  Hereditary President-for-Life Bashir Pencilneckal-Assad Lord of the Baath... , adding new pressure on the regime over its bloody political crackdown. The Treasury Department added Mohammed Makhlouf, Assad's maternal uncle and the father of already-sanctioned telecoms magnate Rami Makhlouf, and 4th armored division General Aus Aslan, to its growing list of Syrian figures and organizations that Americans are banned from doing business with. The Treasury called Makhlouf, 79, someone "whom Assad used to make and move money" and an important Assad economic advisor. "Makhlouf ensured that assets in nearly all sectors were controlled by businessmen who were willing to act as proxies for the Assad regime in return for profits," it said. "In addition, he served as President Assad's primary economic advisor and final decision maker on capital allocation decisions for Syrian regime investments in private banks in Syria." Also listed in the new sanctions were a defense ministry business -- the Military Housing Establishment, and the government-controlled Real Estate Bank, the country's second largest bank. The Military Housing Establishment "provides funding to the regime", the Treasury said, while the bank is "responsible for administering the Government of Syria's borrowings." The move came as both the European Union ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... and Arab League ...an organization of Arabic-speaking states with 22 member countries and four observers. The League tries to achieve Arab consensus on issues, which usually leaves them doing nothing but a bit of grimacing and mustache cursing... nations also stepped up sanctions pressure on the Assad regime for its heavy-handed eight-month crackdown on political protesters which has left more than 3,500 dead. "It has never been more critical to escalate pressure on the Syrian government to immediately cease all violence against its own people and isolate the regime from the international financial system," said Treasury under secretary David Cohen in a statement. Posted by: Fred 2011-12-02 |
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