26 November 2012

Tunisia: EU Approves New Legal Framework for Recovery of Frozen Assets

Tunis — The European Union (EU) announced, on Monday in Brussels, its approval of a new legal framework which would help Tunisia recover the assets stolen by deposed President Ben Ali, frozen since the eruption of the Revolution in Tunisia.

"The (European) ministers approved of a new legal framework that allows EU states to hand over the frozen assets," according to an EU communiqué reported by French AFP news agency.

The communiqué specifies that, "when judiciary measures are taken, they will allow the Tunisian authorities to recover the frozen assets as part of the EU sanctions on the Ben Ali regime."

Mrs. Catherine Ashton, EU Senior Representative for Foreign Affairs and Security, said that "restitution of funds stolen under Tunisia's ancien regime (...) represents a priority for us. The EU will spare no effort to hand back these funds to the Tunisian people," she affirmed.

Since January 2011, funds and assets of 48 Tunisian nationals, including former President Ben Ali's, have been frozen by the EU, AFP reminds.

Ads by Google

Copyright © 2012 Tunis Afrique Presse. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.