#ECOT2613671AFrance Freezes Assets of Iliès Benadour for Six Months
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This order freezes the funds and economic resources of Iliès Benadour for six months. It also covers companies or other entities he owns, controls, or that knowingly act for him or under his instructions. Banks, payment firms, insurers, crypto platforms, and other businesses subject to financial controls must block relevant assets and must not make funds or economic resources available to him or controlled entities during the freeze period.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Freezes Iliès Benadour’s funds and economic resources for six months
- Extends the freeze to entities he owns, controls, or directs
- Bans direct or indirect provision or use of funds and economic resources for his benefit
Obligations
What this law requires
Freeze all funds and economic resources belonging to, owned, held, or controlled by Iliès Benadour for six months from publication of the order in the French Official Journal.
Freeze all funds and economic resources belonging to, owned, held, or controlled by legal persons or other entities that are owned or controlled by Iliès Benadour, or that knowingly act on his behalf or under his instructions, for six months from publication of the order.
Do not directly or indirectly make funds or economic resources available to Iliès Benadour during the six-month freeze period.
Do not directly or indirectly make funds or economic resources available to legal persons or other entities controlled or held by Iliès Benadour, or knowingly acting on his behalf or under his instructions, during the six-month freeze period.