Assad transferred $250 million from Syria to Russia | EUROtoday
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The embargo towards Moscow was violated to the good thing about the historic ally’s banks
Syria’s central financial institution moved about $250 million of money to Moscow over a two-year interval as then-Syrian dictator Bashar al-Assad was indebted to the Kremlin for navy assist and his family secretly purchased property in Russia .
This was revealed by the Financial Times, which found paperwork displaying that the Assad regime, regardless of being desperately in need of overseas foreign money, flew nearly two tonnes of banknotes into Moscow’s Vnukovo airport, depositing them in Russian banks topic to sanctions.
The uncommon transfers from Damascus spotlight how Putin’s Russia, a vital ally of Assad that has offered him with navy assist to extend his rule, has change into a significant vacation spot for Syrian money as Western sanctions push it out of the monetary system worldwide.
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