Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-272-734"
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"en.20120202.31.4-272-734"2
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"The European Union and its banking institutions are often chosen by leaders of developing countries, where democracy is taking a long time to gain a foothold, for depositing large sums of money. For instance, Hosni Mubarak of Egypt has between USD 50 million and USD 70 million invested in the EU and the US, the Gaddafi regime of Libya holds billions of US dollars in assets in the EU, and Omar al-Bashir of Sudan has USD 4 billion invested in the EU. The report drafted by Mr Watson concerns the proposal for a European Parliament recommendation to the Council on how to implement a consistent policy on regimes against which the EU applies restrictive measures when their leaders exercise their personal and commercial interests within EU borders. I voted for this report, as those who lead authoritarian regimes and enrich themselves through corruption and by exploiting the people and resources of their countries must be forced to respect human dignity. They cannot act with complete freedom and impunity in the face of the impotence and, often, the complacency of international institutions. The EU should set an example by confiscating these assets and returning them to the democratically elected governments."@en1
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