English>

MarketNews

Sudan Recovers $4 Billion of Assets From Ex-President Bashir - BLOOMBERG

MAY 23, 2020

By Mohammed Alamin


Sudan has confiscated assets valued at $4 billion from former President Omar al-Bashir, his family members and associates, the country’s anti-corruption body said.

“Our initial estimates of the value of the assets, shares in different companies and buildings we have confiscated is $3.5 billion to $4 billion,” Salah Manaa, a spokesperson for the Anti-Corruption and Regime Dismantling Committee, said in response to questions. The body was set up late last year.

Bashir, who was overthrown by the army a year ago amid mass protests against his three-decade rule, was jailed in December after being found guilty of illicitly possessing millions of dollars in foreign currencies. He has also been indicted by the International Criminal Court for alleged crimes against humanity committed in the western region of Darfur.

— With assistance by Samuel Gebre

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics