Mudalal Khoury (; born 18 June 1957) also known as ''Mudallal Khuri'', a Syrian-Russian businessman and financier with close ties to the Syrian government of
Bashar al-Assad
Bashar Hafez al-Assad, ', Levantine pronunciation: ; (, born 11 September 1965) is a Syrian politician who is the 19th president of Syria, since 17 July 2000. In addition, he is the commander-in-chief of the Syrian Armed Forces and the ...
.
Business activities
Mudalal Khoury is linked to four companies, Balec Ventures, the sanctioned firm Argus Construction, and Tredwell Marketing and Armas Marketing.
Controversies
In 2020, an investigation by
Global Witness
Global Witness is an international NGO established in 1993 that works to break the links between natural resource exploitation, conflict, poverty, corruption, and human rights abuses worldwide. The organisation has offices in London and Washingt ...
uncovered a money laundering operation run by Mudalal Khoury that assisted the Syrian government in avoiding sanctions and purchasing supplies.
Sanctions
The US Treasury sanctioned Mudalal Khoury in 2015 for "an attempted procurement of ammonium nitrate in late 2013." Savaro Ltd., the trading firm which procured chemicals in 2013 that exploded in the
2020 Beirut port blast, shared a London address with companies linked to Syrian businessmen
George Haswani, Mudalal and Imad Khoury.
References
{{DEFAULTSORT:Khoury, Mudalal
Syrian individuals subject to U.S. Department of the Treasury sanctions
1957 births
Living people
Russian people of Syrian descent
Syrian people convicted of money laundering
Russian people convicted of money laundering