Confiscation 2

Stolen Assets Held Overseas: Kais Saied Takes on the Case

Ten years after Tunisia’s revolution, the Tunisian Statehas still not managed to recover assets held overseas. Despite of the legal arsenal set up for this task, the list of assets recovered still falls short of expectations. Without any apparent regard for the authorities already set up for the job, on October 22 President Kais Saied issued a decree for the creation of a committee within the Office of the President tasked with recovering money and assets held abroad. The initiative has not gone unnoticed.

Marouen Mabrouk, a story of impunity after the revolution

As per the official request of prime minister Youssef Chahed, the name of Marouen Mabrouk was removed from the list of 48 Tunisians sanctioned by the European Union for misappropriation of state funds. Unlike other friends and relatives of deposed president Ben Ali who saw their money frozen by the EU, Mabrouk was able to find himself a new political shield to protect his wealth following the revolution that swept the country in 2011. With help from telecommunications company Orange France, he managed to get Tunisia’s prime minister to unfreeze over seven million euros in assets held in EU countries.