You are hereHome SectorsTunisia
UAE central bank orders freeze of Ben Ali assets, says paper
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Wed June 8, 2011 2:05 pm

UAE. The United Arab Emirates central bank has ordered banks to freeze all assets of ousted Tunisian president Zine el Abidine Ben Ali, his wife, and 120 other Tunisians, a newspaper said on Wednesday.

Alrroya al-Iqtissadia daily cited a central bank circular as telling banks to "search for and freeze accounts, deposits and investments" of the former autocrat who is sheltered in Saudi Arabia, and those of his wife Leila Trabelsi and the others.

The bank said it was acting following a request, transmitted through the foreign ministry from the Tunisian public prosecutor, to freeze those assets worldwide, the paper added.

Ben Ali fled Tunisia in January following a revolt against his 23-year rule. Family members say he suffered a stroke in February and he has made no public appearances.

He broke his silence on Monday through his French lawyer Jean-Yves Le Borgne describing as a "masquerade" his imminent trial in Tunisia on corruption charges.

Tunisia's interim administration has asked for the former president's extradition from Saudi Arabia along with his wife. Several European countries have frozen assets belonging to Ben Ali and his entourage.



date:Posted: November 28, 2015
UAE. Total passengers set to double to 7 billion by 2034; The UAE, Qatar and Saudi Arabia will all enjoy strong growth of 5.6%, 4.8%, and 4.6% respectively. The total regional market size will be 383 million passengers.
date:Posted: November 26, 2015
UAE. Legal experts say move will influence oil major investment plans in Iran ahead of the lifting of sanctions; Lawmakers likely to be mindful of "missed opportunities" in Iraq and Lebanon.
date:Posted: November 25, 2015
UAE. EMAAR, Shell, and Emirates lead The LinkedIn InDemand list of the most sought-after employers in the region based on millions of interactions from members; Rather than relying on questionnaires, InDemand measures the actual behaviour of professionals as they explore their career journey.
Monogram Ring