A Renewed Call to Depositors
The Damascus Governorate has again urged former depositors of the Shajarti company to come forward and register with the committee liquidating the firm's funds. The call was announced through the governorate's official channels on 25 October 2026, as part of an effort to return money to people who placed savings with the company under the former government.
Depositors are asked to review their files with the committee over three days, from Monday to Wednesday, between 10:00 and 13:00, at the governorate building.
What the Company Was
Shajarti, also known as the Korean Business Center, operated in Damascus as an investment front run by Zaher Ahmed Nouri Zanbarakji. Authorities describe it as a fictitious enterprise that collected billions of Syrian pounds (SYP) from thousands of people by promising high profits and returns it could not deliver.
The scheme drew in large numbers of savers with those promises, leaving many households without the money they had entrusted to it.
How Funds Are Recovered
To repay those affected, the governorate has said that properties belonging to Zanbarakji will be sold at public auction, with the proceeds directed to depositors through the liquidation committee.
The committee is working to complete depositors' files before any funds are distributed.
Documents and Earlier Rounds
People taking part are asked to bring a copy of their identity card and a copy of the company card issued to them. Those who previously filed lawsuits must also provide a court document waiving a personal right.
The latest notice follows similar calls issued in August and September 2026, as the committee works through the claims left behind by the scheme.