In a new move within the framework of fighting corruption and tracking individuals linked to Assad’s regime, the Central Bank of Syria has directed commercial banks to freeze all accounts of individuals and companies connected to Bashar al-Assad’s regime, according to a circular issued today, Thursday.
The directive included freezing the accounts of the Qatirji Group, which is involved in oil trade, with the requirement to inform the central bank of the details of the frozen accounts within three days.
Despite the challenges in enforcement due to some businessmen using front companies, these measures aim to gather information about the financial dealings linked to the regime.