13 Hrs
Source:
شبكة شام الإخبارية
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Shariah clarifies Hamsho case assets confiscation
The article reveals that President Al-Shar' announced that the state confiscated approximately 80% of businessman Mohamed Hamsho's funds, while retaining some of his assets that have not been proven to have been obtained through illegal means. This comes as part of a financial settlement related to his case, where he indicated that dealing with his assets aimed to strike a balance between recovering public money and preserving the companies that provide around 40,000 jobs, to prevent their closure and rising unemployment rates. Al-Shar' emphasized that the settlement is limited to the financial aspect and does not ignore potential judicial responsibilities, and that it seeks to recover the funds in a lawful and institutional manner, while the case remains open to questions about the details of the assets and the criteria used in the confiscation.
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