Asset recovery for Arab countries in transition

16-05-2013

Since the ousting of Hosni Mubarak and Zine El Abidine Ben Ali, the EU has frozen assets of 67 people suspected of concealing abroad state funds misappropriated in Egypt and Tunisia. But despite high-level political declarations sup¬porting the recovery of these assets, there seems to be little prospect of their swift return to the countries of origin.

Since the ousting of Hosni Mubarak and Zine El Abidine Ben Ali, the EU has frozen assets of 67 people suspected of concealing abroad state funds misappropriated in Egypt and Tunisia. But despite high-level political declarations sup¬porting the recovery of these assets, there seems to be little prospect of their swift return to the countries of origin.