Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • World
  • Mid-East
  • Europe
  • Americas
  • Asia Pacific
  • Africa
  • Syrian Crisis
  • Islamophobia

'Where's the gold?': How Assad and cronies bled Syria dry

by Daily Sabah with AFP

ISTANBUL Mar 03, 2025 - 3:24 pm GMT+3
An aerial photo shows one of the bases of the Fourth Division, on the outskirts of Damascus, Syria, Dec. 26, 2024. (AFP Photo)
An aerial photo shows one of the bases of the Fourth Division, on the outskirts of Damascus, Syria, Dec. 26, 2024. (AFP Photo)
by Daily Sabah with AFP Mar 03, 2025 3:24 pm

Journalists have uncovered documents hidden in fortified mountain tunnels and secret chambers, revealing a vast corruption network entrenched in the Syrian economy, involving drug trafficking, resource looting and extortion.

Today, many of the bases of the elite Fourth Division, formerly run by toppled Bashar Assad's feared younger brother Maher, lie looted.

However, documents left behind reveal how the man they called "The Master" and his cronies wallowed in immense wealth while some of their foot soldiers struggled to feed their families and even begged on the streets.

The center of this corrupt web was Maher Assad's private offices, hidden in an underground labyrinth of tunnels – some big enough to drive a truck through – cut into a mountain above Damascus.

A masked guard took Agence France-Presse (AFP) through the tunnels with all the brisk efficiency of a tour guide – the sauna, the bedroom, what appeared to be cells and various "emergency" exit routes.

But at its heart, down a steep flight of 160 stairs lay a series of vaults with iron-clad doors.

Maher Assad, 57, did not know of his brother's plans to flee to Russia and escaped separately, taking a helicopter to the Iraqi border, according to a senior Iraqi security official and two other sources. He then made his way to Russia, they said, apparently via Iran.

"This is Maher Assad's main office," the guard said, "which has two floors above the ground but also tunnels containing locked rooms that can't be opened."

In one corridor, a shrink-wrap machine – probably used for bundling cash – was abandoned next to a huge safe.

This aerial photo shows the main offices of Maher Assad, near Damascus, Syria, Jan. 21, 2025. (AFP Photo)
Documents are seen in a room at one of the bases of the Fourth Division, on the outskirts of Damascus, Syria, Dec. 21, 2024. (AFP Photo)

Hidden fortune

One document retrieved from the papers that litter the Fourth Division's Security Bureau farther down the hill shows they had ready cash of $80 million, 8 million euros ($8.35 million) and 41 billion Syrian pounds (over $533,000) at their fingertips in June. That was a perfectly normal cash float, according to papers going back to 2021.

"This is only a small sample of the wealth that Maher and his associates gathered from their shady business deals," said Carnegie Middle East Centre scholar Kheder Khaddour.

Their real fortune is probably hidden "abroad, likely in Arab and African countries," he said. Maher Assad was a shadowy, menacing figure in Assad's Syria, branded "The Butcher" by the opposition. His Fourth Division was the ousted regime's iron fist, linked to a long list of atrocities.

"The Fourth Division was a money-making machine," Khaddour added, preying on a land where the United Nations estimates that more than 90% of the population lives on just over $2 a day.

Khaddour said the Security Bureau handled most of the division's financial dealings and issued security cards for people it did business with to ease their movements.

A drug lord told Lebanese investigators in 2021 that he held a Fourth Division security card and that the Security Bureau had agreed to protect another dealer's drug shipment for $2 million, according to a statement seen by AFP.

AFP visited a Captagon lab linked to the division in December in a villa in the Dimas area near Lebanon's border, its rooms full of boxes and barrels of the caffeine, ethanol and paracetamol needed to make the drug.

This aerial picture shows the villa of Maher Assad, the brother of the ousted Syrian regime leader Bashar Assad, in the town of Yafour near Damascus, Syria, Dec. 23, 2024. (AFP Photo)
This aerial picture shows the villa of Maher Assad, the brother of the ousted Syrian regime leader Bashar Assad, in the town of Yafour near Damascus, Syria, Dec. 23, 2024. (AFP Photo)

Toxic legacy

While little seems to be left of the Fourth Division today other than its ransacked depots and headquarters, Syria expert Lars Hauch of Conflict Mediation Solutions (CMS) warned its legacy could yet be highly toxic.

"The Fourth Division was a military actor, a security apparatus, an intelligence entity, an economic force, a political power and a transnational criminal enterprise," he said.

"An institution with a decades-long history, enormous financial capacity and close relations with elites doesn't just vanish," he added.

A member of the security forces of the new Syrian authorities shows Captagon pills found in a compound of the ousted regime leader Bashar Assad's forces, Damascus, Syria, Jan. 7, 2025. (AFP Photo)
A member of the security forces of the new Syrian authorities shows Captagon pills found in a compound of the ousted regime leader Bashar Assad's forces, Damascus, Syria, Jan. 7, 2025. (AFP Photo)

"While the top-level leadership fled the country, the committed and mostly Alawite core (from which the Assads come) ... retreated to the coastal regions," Hauch said.

  • shortlink copied
  • Last Update: Mar 03, 2025 6:25 pm
    KEYWORDS
    bashar assad maher assad syria syrian civil war
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Vying for gold: Best of World Athletics Championships
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021