UK to ‘unfreeze’ ousted rulers’ assets to ‘encourage democratic govts of Arab Spring’

Tweet

London, Sept 26: The British Government is working to hand over hundreds of millions of pounds of assets belonging to toppled dictators to encourage the newly formed democratic governments of the Arab Spring.

At the United Nations General Assembly in New York, British Prime Minister David Cameron will declare that the movement that ousted rulers in Egypt, Libya and Tunisia remains a force for good.

According to the Telegraph, Cameron will tell Egyptian President Mohammed Morsi that Britain is committed to supporting his elected government.

The UK will try to “unfreeze” up to 100 million pounds in financial assets and property associated with Egypt’s former ruler, Hosni Mubarak, the paper said.

According to the paper, officials will also press for changes in EU rules that stop the government from disclosing details of dictators’ assets in the UK.

The paper quoted some sources, as saying that Cameron remains “optimistic” about the Arab Spring and wants to encourage leaders he believes are doing the right thing.

He wanted new Arab leaders to be “judged on their actions”, sources said. (ANI)