Assad family likely worth US$1-2b, US report says

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A poster depicting Syria’s president Bashar al-Assad is seen as supporters of him celebrate after the results of the presidential election announced that he won a fourth term in office, in Damascus, Syria May 27, 2021. — Reuters pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. WASHINGTON, April 29 — Syrian President Bashar al-Assad’s family is likely worth US$1-2 billion (RM4.36-RM8.72), the US State Department said Thursday, despite US-led efforts to isolate him over the brutal war.In a report required by Congress, the State Department said it could only provide an “inexact estimate” with the Assads believed to hold assets under fictitious names or through opaque property dealings.“Estimates based on open-source information generally put the Assad family net worth at between US$1-2 billion,” said the publicly released part of the report, …