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France freezes company assets over Syria chemical weapons

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AFP Paris
Last Updated : May 18 2018 | 5:25 PM IST

France today imposed a six-month asset freeze on companies based in Syria, Lebanon and China after they were linked to an alleged chemical weapons programme in Syria.

The businesses include Sigmatec and the Al Mahrous Group, both based in Damascus; Technolab in Lebanon; and a trading company in Guangzhou in China, according to a list published in the government's official gazette.

Two Syrian nationals will also face asset freezes as well as a person born in Lebanon in 1977 whose nationality was not given.

The asset freezes were signed by French Economy Minister Bruno Le Maire.

In a statement, Le Maire and Foreign Minister Jean-Yves Le Drian said the individuals and businesses were working with the Syrian Scientific Studies and Research Centre (SSRC), which they described as Syria's main laboratory producing chemical weapons and ballistic launchers.

In January, France sanctioned 25 people and companies based in Syria, and also French, Lebanese and Chinese citizens, over suspicions of fuelling the development of chemical weapons in the war-ravaged country.

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The companies targeted included importers and distributors of metals, electronics, logistics and shipping.

Aziz Allouche, the owner of Technolab, told AFP that his company supplied only universities, schools and professional education centres with electronic and industrial gear such as spectrum analysis equipment.

"I'm surprised by this news, I don't work with France," Allouche said. "If they want to question me, they're welcome to." Technolab and Allouche are also among several companies and individuals whose assets have been frozen by US officials over suspected support for Syria's SSRC.

"All my business involves the civil sector. But the equipment I provide can be used for either civil or military purposes," Allouche said.

"If I supply a university and they use it for something else, how is that my fault?"

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: May 18 2018 | 5:25 PM IST

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