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President Ahmed al-Shar'e revealed that the Syrian government seized approximately 80% of the funds and assets of businessman Mohamed Hamsho, while allowing him to retain the portion that was not proven to have been obtained through illegal means. The financial settlement was conducted within the framework of the voluntary disclosure program, after reviewing the assets and financial declarations, with the total value of assets linked to the case exceeding $640 million. Al-Shar'e emphasized that this settlement does not close any other legal or criminal cases, and that any claimant is free to pursue their legal course independently. The government also took care to avoid harming the interests of the companies and their employees. Hamsho is considered one of the prominent Syrian businessmen with ties to the former authorities, and he has faced accusations of benefiting from his relationships with the previous regime, charges brought against him by human rights organizations and opposition groups.
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