By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Complicated Operation Revealed: How Assad Moved Syria’s Wealth to Russia
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > WORLD NEWS > Complicated Operation Revealed: How Assad Moved Syria’s Wealth to Russia
WORLD NEWS

Complicated Operation Revealed: How Assad Moved Syria’s Wealth to Russia

Published April 19, 2025
Share
©️NBC news
SHARE

Former President of Syria Bashar al-Assad fled the country on December 8th, thus ending his 24-year rule over the state. It has now been revealed how he transferred his wealth to Russia, where he is currently located.

According to media reports, the operation of extracting the wealth, which included cash, gold, and other valuable items, was led by Yasar Ibrahim, his longtime chief economic advisor.

He secured an Embraer Legacy 600 plane, which was used to transfer the valuables from Damascus to the United Arab Emirates (UAE), and from there further to Moscow, where Russian President Vladimir Putin granted Assad political asylum.

This plane, according to available information, flew the Syria-UAE route four times in just 48 hours, allowing Assad to transfer a significant portion of his wealth to his new home.

The last of these flights departed from the Russian Khmeimim base, from which Assad fled to Russia a few hours later, ahead of the rebels who were entering the Syrian capital.

The plane was carrying unmarked black bags with at least 500.000 dollars in cash, as well as documents, laptops, and hard drives with key intelligence data about the “Group,” the code name used by Assad and associates for a complex network of entities encompassing telecommunications, banking, real estate, energy, and other sectors.

Assad’s movements were concealed even from the closest members of his family in the final days of his regime.

On December 6th, while rebels led by the group Hay’at Tahrir al-Sham were advancing toward the capital, the Embraer plane was approaching Damascus International Airport. More than ten members of the Syrian Military Intelligence Air Force – the main instrument of political repression under Assad – were mobilized to secure the Ceremonial Hall, the VIP section of the airport, and the access road.

Several civilian vehicles with tinted windows approached the area. The cars belonged to the elite Republican Guard, responsible for protecting Assad and the Presidential Palace.

The C5-SKY plane flew each time to Al Bateen Airport in Abu Dhabi, used by dignitaries and known for its strict privacy rules. Each time it landed, vehicles would race to the plane, stay briefly, and leave just before the plane took off again.

The flights from Damascus, in addition to money, transported paintings and small sculptures, the same source said.

On December 7th, the plane returned to Damascus and took off for Al Bateen for the third time a little over an hour later, this time loaded with bags of cash, as well as hard drives and electronic devices containing information about Assad’s corporate network.

The stored information included financial reports, meeting minutes, company ownership, real estate, and partnerships, as well as details about cash transfers and offshore companies and accounts.

This time, vehicles belonging to the UAE embassy in Damascus approached the VIP area of the airport before the plane took off.

In the early morning hours of December 8th, rebel fighters reached Damascus, prompting Assad to flee to his coastal stronghold of Latakia, in coordination with Russian forces. The airport in Damascus ceased operations.

That same day, Assad finally left Syria and went to Moscow, Klix.ba writes.

Singapore’s Changi Airport handles record 58.7 mln passengers

What if Iran closes the Strait of Hormuz – the World’s most important Oil Artery?

Reported Casualties in Israeli army raid on Al-Shifa Hospital in Gaza

There are still many Challenges that Women in BiH face

Armed Attack at a religious School in the US, at least Five dead

Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Second Round of Indirect US-Iran Talks begins in Rome
Next Article Putin declares a Unilateral 30-hour Easter Truce
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

HDZ Party President meets the Head of the Islamic Community of BiH
March 23, 2026
“Border Blockades threaten the Dairy Industry of Bosnia and Herzegovina”
March 23, 2026
More than 63 Percent of the Territory of BiH is covered by Forests
March 23, 2026
Council of Ministers of BiH Fails to Adopt Decision on Protective Measures for Steel Imports
March 23, 2026
Transporters at BC are not giving up their Protest, looking for Solutions for the Sector
March 23, 2026
Spain Named Guest of Honor at This Year’s International Sarajevo Book Fair
March 23, 2026
There is no Quorum for the Work of the House of Peoples of the BiH PA
March 23, 2026
NATO and Partners in Sarajevo: Strengthening Resilience is Key to Collective Security
March 23, 2026
Iran: The End of Aggression is a Condition for the normalization of Transit through Strait of Hormuz
March 23, 2026
Protesting Transporters will allow Fuel Imports into BiH
March 23, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?