An uncle of the recently ousted Syrian dictator Bashar al-Assad used an adviser in Guernsey to secretly manage his wealth, which included a vast European property empire worth hundreds of millions of euros that prosecutors claim was acquired with funds looted from the wartorn state.
Rifaat al-Assad, known as the “Butcher of Hama” for overseeing the violent suppression of a rebellion in the 1980s, has been accused of war crimes by Swiss prosecutors. In 2020, he was convicted by a French court of embezzling Syrian state funds and pouring the money into luxury properties, with the French state seizing assets worth €90m.
